C03 · Lesson 8 of 22 · 15 min · 5 hands-on tasks
Monopoly and Market Power
Hillcrest is the only cinema for 40 miles. Hana wants to charge $18: "Where else will they go?" Find out why even a monopoly faces a limit, what market power costs customers and society, where it comes from, and what the law lets you do with it.
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