Which of the Following Is Not Likely to Be a Social

Multiple Choice

Which of the following is not likely to be a social loss due to monopoly power?

A) The welfare loss from the suppression of innovative products by monopolists
B) The higher production costs incurred by a monopolist due to the lack of competition
C) The resources spent by monopolists to secure their monopoly privilege
D) The loss incurred due to marginal-cost pricing by the monopolist