The unrealised mutually-beneficial trades resulting from monopoly pricing are not a cost to society.

Name: The unrealised mutually-beneficial trades resulting from monopoly pricing are not a cost to society.
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Monopoly pricing leads to higher prices and reduced output, resulting in a deadweight loss to society. Unrealized mutually-beneficial trades represent the potential gains from trade that are forgone due to the monopoly's price-setting power, and are considered a cost to society.

The Unrealised Mutually-Beneficial Trades Resulting from Monopoly Pricing Are Not