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Q: Monopolists are said to be allocatively inefficient because?
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How much efficiency is inefficient?

When an item or service costs more money or time to produce than the return you gain from it, then it can be said to be inefficient. Obviously this will vary with the item concerned.


Why Monopolistic Markets Are Said to be Productivity inefficient in the Long run?

The lack of competition breeds complanency and inefficiency.


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What does pues yo dije que si mean in English?

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