In what situation would it make sense (from a perspective of maximizing total surplus) for a government to allow a monop
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In what situation would it make sense (from a perspective of maximizing total surplus) for a government to allow a monop
In what situation would it make sense (from a perspectiveof maximizing totalsurplus) for a government to allow a monopoly on providing agood/service? Explain, includingany graphs or math that would help.