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Simplify the following. Write the answer in decimal notation.
Type Of Monopoly
Refers to various forms of monopolies such as natural monopoly, geographic monopoly, and government monopoly, each distinguished by their exclusive control over a market or product.
Profit-maximizes
A strategy or approach by businesses aimed at achieving the highest possible profit.
Marginal Cost Price
The expenditure incurred when one more unit of a product or service is produced.
Quantity
The amount or number of a product or service that is available or demanded in the market.
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