Expert Answer :British BUSI 100- When governments decide not to a

Solved by a verified expert :When governments decide not to attempt to correct monopoly inefficiencies: 1. it is generally because the gain in total surplus is less than the cost of intervention in the market. 2. it is generally because they are unaware of the problem of monopolies 3. they are assuming that competitive pressure in the market will resolve the problem without intervention. 4. there is typically no evidence of deadweight loss from the monopoly.