explain why market power leads to deadweight loss. part 2 firms with market power create deadweight loss because they part 3 a. charge a price that is equal to marginal cost to maximize economic surplus. b. produce more than a perfectly competitive industry would to maximize profits. c. charge a price that is less than marginal cost to maximize profits. d. charge a price that is greater than marginal cost to maximize profits. e. produce where marginal revenue is greater than marginal cost to maximize profits.