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17 July, 02:43

A company has a monopoly on a glue used in TVs and phones. The company can make as much of the glue as it wants. It chooses to make less glue than it is able. Why?

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  1. 17 July, 03:07
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    If the company would overproduce glue, the company could go bankrupt, due to overproduction.
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