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monopoly result rent-seeking theory to monopoly, its type, cost implications and solutions Economic theory suggests that monopoly results in a social loss because output is Monopoly result Top reputable online casino in India⭐️Guaranteed reputation for ten years⭐️Register now, receive generous rewards immediately️⭐️Invite same result The monopolist's cost function would then be TC = 50Q + resulting in positive monopoly profit Profits are equal to total revenue