Question

s there any way for a monopoly to operate more efficiently than a competitive market? Why or how? Yes: the government can regulate prices. No: the equilibrium point in a competitive market is the point of optimal market efficiency. Yes: if the marginal revenue curve lies above the demand curve. No: a monopoly doesn’t have to operate under the law of supply and demand.

Answer 1

No: the equilibrium point in a competitive market is the point of optimal market efficiency.

Step-by-step explanation:

NO, the monopoly can never be more efficient than the perfectly competitive market because the competitive market is the point of optimal market efficiency and the monopoly will produce at the point where the MR and the MC are equal. here the market have excess capacity and a dead weight loss.