Explain How a Monopoly Can Be More E?cient Than a Perfectly

question 83

Essay

Explain how a monopoly can be more e?cient than a perfectly competitive ?rm.

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Definitions:

Organism

A living entity that can function independently, consisting of one or more cells.

Contractile Vacuole

In freshwater protists, an organelle that collects and expels excess water.

Cilia

Microscopic hair-like structures that extend from the surface of many animal cells, involved in movement and sensory processes.

Micronucleus

A small nucleus that forms whenever a cell undergoes nucleus division, often seen in certain protozoans.