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12โˆž ยท Question 8.6.5

Why do monopolies matter?

Because a company without rivals can raise prices, lower wages, neglect quality, and bend politics to its advantage.

From the book 12โˆž Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.

Where it sits in the book

Part
8: Hidden, Suppressed, Forgotten, or Misunderstood
Gate
8.6: Money in the Shadows
In print
Page 269

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