The deadweight loss of monopoly is

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The deadweight loss of monopoly refers to the loss of economic efficiency that occurs when a monopolist restricts output and raises prices above the competitive level, resulting in a reduction of consumer surplus and total economic welfare. This is due to the fact that the monopolist produces less than the socially efficient level, resulting in a loss of potential gains from trade. The other options do not accurately describe the deadweight loss of monopoly.

The Deadweight Loss of Monopoly Is