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Refer to the Diagram for a Nondiscriminating Monopolist

Question 7

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Refer to the diagram for a nondiscriminating monopolist. If the government regulates the monopolist so that it charges the fair return price, the monopolist will produce output N. Refer to the diagram for a nondiscriminating monopolist. If the government regulates the monopolist so that it charges the "fair return" price, the monopolist will produce output N.

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