What is the deadweightloss?Explain how monopoly creates a deadweightloss. b) Draw and compare the price and the output of a monopoly with the competitive market.

Economics:
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ISBN:9781285859460
Author:BOYES, William
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Chapter25: Monopoly
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What is the deadweightloss?Explain how monopoly creates a deadweightloss. b) Draw and compare the price and the output of a monopoly with the competitive market.

 

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