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I did Context 2 and Essay 2 5) Divided two middle numbers 6) cost of water > inflation at price level gap got biggest maybe in 2005 7) high sunk costs means not viable lrac decreases exponentially because of that increase q as much as possible to offset fixed costs monopoly power means can operate at point of profit max as price maker and high b2e 8) Inexpensive, Taxes account for lack of ...
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