The social cost of a monopoly ______.

(A) is equal to the value of the economic rent
(B) equals the social benefit
(C) is illustrated by a curve that would also be the supply curve of the competitive industry
(D) is greater with rent seeking than it otherwise would be

In the monopoly, the company is alone to manufacture such product and gain through it. It do not make any efforts to advertise or gain the market share, as it is the sole producer.

Also, the company is the sole producer and thus, charges high for the product, accordingly its earning more than the actual efforts made by it.

Accordingly the social cost is more with the rent seeking concept, because efforts are less.

The social cost of a monopoly​ ______. (A) is equal to the value of the economic rent (B) equals the social benefit (C) is illustrated by a curve that would also be the supply curve of the competitive industry (D) is greater with rent seeking than it otherwise would be

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The social cost of a monopoly ______.

(A) is equal to the value of the economic rent
(B) equals the social benefit
(C) is illustrated by a curve that would also be the supply curve of the competitive industry
(D) is greater with rent seeking than it otherwise would be