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What is the deadweight loss in the monopolist market?

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Economics

What is the deadweight loss in the monopolist market?

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Pricing the monopoly generates a deadweight loss as the corporation forgoes transactions with customers Over time monopolies may become inefficient and less creative as they dont have to compete on a marketplace with other companies The abuse of power in the case of monopolies will lead to a market failure Market loss happens when the pricing process does not    See Answer
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