Economic inefficiency of a monopoly is indicated by

Question

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P > MC indicates that the monopoly is producing at a point where the marginal cost of producing an additional unit is less than the price at which it is being sold. This means that the monopoly could increase its profits by producing more output, but it chooses not to do so because it would have to lower the price of its product. This is an example of economic inefficiency, as the monopoly is not producing at the point where the marginal cost of production is equal to the marginal revenue from selling an additional unit.

Economic Inefficiency of a Monopoly Is Indicated by A)P = ATCmin \mathrm { ATC } _ { \text {min } }ATCmin ​

Economic Inefficiency of a Monopoly Is Indicated by
A)P = $\mathrm { ATC } _ { \text {min } }$