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Paralegals may work for which of the following?
Monopoly Pricing
Pricing strategies employed by a monopoly, where a single firm controls the entire market for a good or service and can influence prices.
Deadweight Loss
Economic inefficiency resulting when the market equilibrium for a good or a service is not achieved.
Social Cost
The total cost to society, including both private costs and any external costs, from producing or consuming a good or service.
Total Surplus
The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society.
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