tag:blogger.com,1999:blog-7565372830978560947.post4807989494679815201..comments2024-01-29T23:18:36.413+13:00Comments on Sex, Drugs and Economics: Why you might want alcohol sellers to be monopoliesMichael Cameronhttp://www.blogger.com/profile/03901095087438726552noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7565372830978560947.post-30814704175594731302018-10-30T16:30:49.850+13:002018-10-30T16:30:49.850+13:00If there is perfect competition, then there is no ...If there is perfect competition, then there is no monopoly any more (because there are many sellers, rather than just one). The many sellers will compete on price, driving the price down, and eliminating the deadweight loss.Michael Cameronhttps://www.blogger.com/profile/03901095087438726552noreply@blogger.comtag:blogger.com,1999:blog-7565372830978560947.post-47781528838349435372018-10-30T16:27:21.291+13:002018-10-30T16:27:21.291+13:00so there's no dead weight loss for monopolies ...so there's no dead weight loss for monopolies when competition exist?<br />Anonymousnoreply@blogger.com