Deadweight loss in monopoly is smaller than it is in the same industry operating under perfect competition.

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In a monopoly, the firm has market power and can charge higher prices than would be charged in a perfectly competitive market. This results in a reduction of consumer surplus and a deadweight loss, as some potential consumers are priced out of the market. In contrast, in perfect competition, firms compete on price and there is no deadweight loss. Therefore, deadweight loss in monopoly is larger than it is in the same industry operating under perfect competition.

Deadweight Loss in Monopoly Is Smaller Than It Is in the Same