question archive What can measure the economic inefficiency of a monopolist? a
Subject:MarketingPrice:2.88 Bought3
What can measure the economic inefficiency of a monopolist?
a. The number of consumers who are unable to purchase the product because of its high price.
b. The excess profit generated by monopoly firms.
c. The poor quality of service offered by monopoly firms.
d. The deadweight loss.
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