If the monopoly powers broke and the monopolist is constrained to behave like a perfectly competitive firm, how would the answers in part i above change? What is the value of dead weight loss in the two markets due to monopoly existence?
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If the monopoly powers broke and the monopolist is constrained to behave like a perfectly competitive firm, how would the answers in part i above change? What is the value of dead weight loss in the two markets due to monopoly existence?