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Many people think a monopolist could provide the lowest possible prices. However, anyone who thinks a monopolist would provide the most consumer surplus has an
by alexanderstears 9y ago
Many people think a monopolist could provide the lowest possible prices. However, anyone who thinks a monopolist would provide the most consumer surplus has an opinion that's at odds with the consensus.
- logfromblammo 9y agoWow. That's a really polite and diplomatic way to describe "completely crazy". I might just re-use that wording myself.