The deadweight loss for a monopoly is $ 36000- (Enter your response as an intege

Question

The deadweight loss for a monopoly is $ 36000- (Enter your response as an integer) Which of the following expresses the correct set of relationships? What potential remedies to a monopoly are available? O A. Obtaining a consent decree to stop the anticompetitive behavior OB. Breaking up the monopoly C. Reducing barrers to entry, imposing price ceilings, and imposing sanctions on those who violate anthust laws D. All of the above. E. None of the above. Click to select your answer and then click Check Answer All parts showing Clear A 20 MacBook Air 16 F3 esc tab

Explanation / Answer

The asnwer is C-) Reducing barrier to entry , imposing price cielings, and imposing sanctions on those who violate antitrust laws.

because, the deadwieght loss is occured when monopoly produces the output where it maximize its profit and thus does not produce the output where it is efficient socially produce. and charge a higher price. so , when there is reduction in barrier to entry, more firm will enter the industry,then supply will increase , and thus price will falls or a price cieling can be implemented by government , then a monopoly force to produce the more output to maximize its profit because price has been decreased now.

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