The deadweight loss from monopoly pricing is:

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Deadweight loss from monopoly pricing is the amount by which aggregate surplus (i.e. total gains from trade, measured as the sum of consumer and producer surplus) falls short of its maximum possible value, which can only be achieved in a perfectly competitive market. Monopolies restrict output and charge higher prices, resulting in some consumers who would have bought the product at a lower competitive price being priced out of the market. The deadweight loss represents the loss in welfare to society from this inefficient allocation of resources.

The Deadweight Loss from Monopoly Pricing Is