How can a monopoly result in resource misallocation?

A monopoly generates less surplus and is less efficient than a competitive market, and therefore results in deadweight loss

A monopoly exists when a single entity is the sole provider of a particular asset or service Monopolies can be considered an extreme result of free-market

monopoly big baller big win monopoly result is that the industry profit force dominates: a monopoly maximizes total industry value and hence cannot gain from a sellЛoff The reason for

monopoly big baller result “Today's massive global Microsoft outage is the result of a software monopoly that has become a single point of failure for too much of the