EBK ECONOMICS
EBK ECONOMICS
21st Edition
ISBN: 8220106637173
Author: McConnell
Publisher: YUZU
Question
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Chapter 21, Problem 1P

Subpart (a):

To determine

Whether the valley will be ruled as a monopoly.

Subpart (b):

To determine

can the valley be ruled as monopoly by the court when all barriers are relevant.

Subpart (c):

To determine

When all fruits are there, can the valley be ruled as monopoly by court.

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