A. Why there is wastage in monopoly than perfect market 4 marks b. In which market of the two do yo

a. Why there is wastage in monopoly than perfect market 4 marks
b. In which market of the two do you find wastage 2 marks
c. What is the name of that wastage 1 marks
d. Draw a diagram that represents both the monopoly market and perfect market and label consumer surplus and producer surplus in both markets and label clearly the deadweight loss
6 marks