Explain why such a small figure is plausible

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Studies have concluded that the deadweight loss of monopoly power in the U.S. is less than 0.5 percent of GNP. From your knowledge of the determinants of the deadweight loss, explain why such a small figure is plausible.

Reference no: EM131145041

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Explain why such a small figure is plausible : Studies have concluded that the deadweight loss of monopoly power in the U.S. is less than 0.5 percent of GNP. From your knowledge of the determinants of the deadweight loss, explain why such a small figure is plausible.
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