-In the above figure,for a single-price monopoly the deadweight loss is equal to the area

Name: -In the above figure,for a single-price monopoly the deadweight loss is equal to the area
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The deadweight loss in a monopoly is the loss of total welfare due to the monopolist producing less than the socially optimal quantity. It is represented by the area between the demand and marginal cost curves, over the range of quantities between the monopoly quantity and the socially optimal quantity.

-In the Above Figure,for a Single-Price Monopoly the Deadweight Loss