Summarise everything you have learned from this exercise

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Question: Summarise everything you have learned from this exercise. What the main differences (if any) in the way entrepreneurs and economists View monopoly? Is monopoly always good or always bad for the social welfare? Explain by referring to your answers to Questions 1-4. Suppose you were to advise the policymakers on the way to deal with the ?rms who possess signi?cant market power. What would be your main message?

Reference no: EM133454236

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