LynzieBowman8652 LynzieBowman8652

22-06-2021
Business

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Describe an important difference in the way an economist and a businessperson might view a monopoly.

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lanieprincess13 lanieprincess13

22-06-2021

Answer:

An economist would view a monopoly as not beneficial and optimal to society. A businessperson would view monopolies as a great idea to maximize profits due to the lack of competition

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