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Discuss the justice of monopoly pricing power

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Firms with less competition are able to take advantage of thd one-time demand and supply shifts in 2021 to increase their markups further during the pandemic, thereby amplifying any inflationary tendencies. Increased corporate profits have accounted for 54 per cent of the current price increases while labor has accounted for 8 per cent of the current price increases.

Use Aristotle's theory of justice to discuss the justice of monopoly pricing power. In the current economy.

Reference no: EM133267264

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