Question: Please give at least one example to explain the concepts or principles below:.. (1) Deadweight loss (2) Economies of scale (3) Natural monopoly (4) Consumer

Please give at least one example to explain the concepts or principles below:..

(1) Deadweight loss

(2) Economies of scale

(3) Natural monopoly

(4) Consumer surplus-.

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1 Deadweight loss refers to the cost created by the market inefficiency This usually happens when the number of productsgood services supply and deman... View full answer

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