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Anyone explain

thankssssssssss
consider the following:
the case of monopoly vs competition in a constant cost industry. While the monopoly is inefficient by comparison of the two, it can be shown that the cost savings from economies of scale exceed the welfare loses resulting from the monopoly. Thus the monopoly may actually be the more desirable of the two market structures - at least for some parties e.g. the consumer who may benefit from lower prices under the monopoly.

Note that there is a diagram which illustrates this argument - this can be found in most good textbooks.

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