Calculate the deadweight loss caused by the monopolization of the wheat industry inFigure. 1. At a price

Calculate the deadweight loss caused by the monopolization of the wheat industry inFigure.

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1. At a price of S 5.00 per bottle an excess supply of 30,000 bottles Price per Bottle Excess Supply at $5.00S $5.00 2. causes the price to drop 3. shrinking the excess 3.00-- supply until price reaches its equilibrium value of $3.00 Number of Bottles per Month 35,000 50,000 65,000