The economist’s objections to monopoly rest on which of the following grounds?   Options: There is a transfer of income from consumers to the monopolist. There is welfare loss as resources tend to be misallocated under monopoly. Only A is correct. Both A and B are correct.   [bg_collapse_level2 view=”button-blue” color=”#4a4949″ icon=”arrow” expand_text=”View Anaswer” collapse_text=”Hide … Read more