Assertion: monopolist's quantity | /r/CapableOf | consider the costs of production
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text: Furthermore, allocative efficiency is reduced, not only because desired products are not produced in the quantity that could be produced considering the costs of production, but also because monopolies often don't produce a product that would be most desirable by society, because they do not have to worry about competition, so there will not be another company producing a better or more desirable product that could possibly take market share away from the monopoly.