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    Microeconomics Study Set 2
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    Exam 15: Monopoly and Antitrust Policy
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    If You Own the Only Bookstore in a Small Town
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If You Own the Only Bookstore in a Small Town

Question 8

Question 8

Essay

If you own the only bookstore in a small town, do you have a monopoly?

Correct Answer:

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Because consumers in your town could buy...

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