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social cost of monopoly (D6)<br />The welfare losses resulting from the restriction of output and higher prices under monopolistic production. There is also the social cost that occurs through striving to attain a monopoly position.<br /><em>See also:</em> externality

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<strong>Recognized equivalent of a high school diploma</strong> – A recognized equivalent of a high school diploma may be a GED certificate, the academic transcript of a student who has successfully completed a 2-year program of study acceptable toward a bachelor' s degree, or has obtained other state certifications/requirements.

Herfindahi-Hirschman index (Ll)<br />A measure of market coNCENTRATION. In an industry with i firms, the index is calculated as follows:

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