In a monopoly market, equilibrium is always achieved.

Name: In a monopoly market, equilibrium is always achieved.
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In a monopoly market, there may not always be an equilibrium as the monopolist may choose to produce at a quantity where marginal revenue equals marginal cost but at a price that is higher than the equilibrium price. This results in a deadweight loss and inefficiency in the market.

In a Monopoly Market, Equilibrium Is Always Achieved