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What is the socially optimal price for a regulated monopoly? How does the fair return price differ...

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Economics

What is the socially optimal price for a regulatedmonopoly?
How does the fair return price differ from the sociallyoptimal price?Philosophically, do you believe a company that isproducing a non-essential good should be prevented from achievingmonopoly status if they abide by the law? Why or why not?

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