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What is the optimal price cap for a government to impose on a monopoly? Why?

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Economics

What is the optimal price cap for a government to imposeon a monopoly? Why?

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Monopolies always reduce the economic wealth of society in many ways Hence governments regulate monopolies with the objective of benefiting societies more than would be the case if the monopolies maximized their profits There are 3 major methods to increase the benefits of monopolies to society 1 Removing or lowering barriers to entry through antitrust laws so that other firms can enter the    See Answer
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