A deadweight loss arises in a monopoly market because _____ by the monopolist.
A) the marginal benefit [MB] is greater than marginal cost [MC],for the output that is not produced
B) the MB is greater than the MC,for the output that is produced
C) the MC is greater than MB,up to the profit-maximizing level of output produced
D) the MB is greater than MC,for output that is not produced
Correct Answer:
Verified
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