What is trade monopoly?
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If the Monopoly were permitted to charge individualised prices (this is termed third degree price discrimination), the quantity produced, and the price charged to the marginal customer, would be identical to that of a competitive company, thus eliminating the deadweight loss; however, all gains from trade.
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if the monopoly were permitted to charge individualised prices ( this is termed 3 degree price discrimination ) the quantity produced and the price charged to the marginal customer would be identical to that of a competitive company thus eliminating the deadweight loss
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