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Loraine Loraine
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8 years ago
"Because of rent seeking, a monopoly may end up earning a normal profit." Is the previous statement correct or incorrect? Why?
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
this is exactly what I needed
Danivalda
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
zsc999
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2 hours ago
Helped a lot
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