a city has several small taxicab companies that compete against one another in the market. eventually, these small companies agree to merge and take over the market as a monopoly. which areas on the graphs below represent loss to consumers as a result of the newly formed monopoly?

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06-12-2022
Business

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a city has several small taxicab companies that compete against one another in the market. eventually, these small companies agree to merge and take over the market as a monopoly. which areas on the graphs below represent loss to consumers as a result of the newly formed monopoly?

Sagot :

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a city has several small taxicab companies that compete against one another in the market. eventually, these small companies agree to merge and take over the market as a monopoly. which areas on the graphs below represent loss to consumers as a result of the newly formed monopoly?

Sagot :

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