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There is no DWL in Socially Optimal Outcome. The Consumer Surplus is lower in Monopoly Outcome when compared to Socially Optimal Outcome => CSm <

There is no DWL in Socially Optimal Outcome. The Consumer Surplus is lower in Monopoly Outcome when compared to Socially Optimal Outcome => CSm < CSSOC. The Producer Surplus is Greater in the Monopoly Market when compared to Socially Optimal Outcome => PSSOC < PSm. Total Surplus is lower in Monopoly Market when compared to Socially Optimal Outcome

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