question archive Deadweight loss from monopoly can best be described as the A
Deadweight loss from monopoly can best be described as the A
Subject:MarketingPrice:2.88 Bought3
Deadweight loss from monopoly can best be described as the
A. increase in producer surplus.
B. net decrease in market surplus.
C. decrease in producer surplus.
D. net increase in market surplus.
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
- The correct answer choice is: B. net decrease in market surplus.
One of the inefficiencies of a monopoly is the creation of the deadweight loss. The deadweight loss is the loss in the consumer surplus and the producer surplus (the net surplus) caused by the monopoly.
