Regulation of Imperfectly Competitive Markets
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Regulation of Imperfectly Competitive Markets: This section marks the first time in quite a few chapters that complex diagrams are used to explain concepts. Particularly for courses that have been taking the chapters in order, it is advisable to allocate a bit of extra time to help students get back up to speed with their skills of reading and understanding diagrams. Both price regulation and the case of a natural monopoly are important and taking the time to thoroughly explain the diagrams in class will significantly improve student understanding.

