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Why are monopolies dynamically efficient?

Monopolies generate economic profit and are therefore better able to invest in research & development which may improve their productive effiency, making them more dynamically efficient over time. 

Zaynah A. A Level Economics tutor, GCSE Economics tutor, A Level Psyc...

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Matthew S.

Degree: Economics (Bachelors) - Exeter University

Subjects offered: Economics, Maths+ 2 more

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“Who am I? I am a 3rd Year Economics Student at the University of Exeter. Economics has always been at the top of my interests meaning that I have real passion for all things economics and math based which I will aim to instill into my...”

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Economics
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Zaynah A.

Degree: Economics (Bachelors) - Birmingham University

Subjects offered: Economics, Psychology+ 1 more

Economics
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“Hi, I’m Zaynah and I’m a first year Economist at the University of Birmingham. Economics can seem daunting and complicated at first but I’ve found that once a student understands the core principles of the subject, everything else fall...”

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