Is it possible for a monopolist to produce under losses? What conditions must occur for this to happen?

  1. Is it possible for a monopolist to produce under losses? What conditions must occur for this to happen?
  2. Why do monopolies occur? Why do governments try to regulate or eliminate monopolies?
  3. What is meant by price discrimination? What conditions must be necessary for price discrimination to occur?
  4. Use the welfare triangle graph to show how monopoly is inefficient when compared to perfect competition.

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