The deadweight loss of monopoly is

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The deadweight loss of monopoly is the loss of economic surplus due to the low monopoly output level. This occurs because the monopoly charges a higher price than would occur in a perfectly competitive market, leading to a reduction in consumer surplus and a reduction in total welfare. The deadweight loss represents the inefficiency of monopolies in allocating resources and producing fewer goods than would be produced in a competitive market.

The Deadweight Loss of Monopoly Is