I recently read an article that explained about the Utah's liquor monopoly. As per the article government can earn big revenue from liquor monopoly. According to article "nearly $100 million flowed into state and local treasurers from sales this fiscal year (ended June 30), up $2 million from last year and $20 million more than in 2006, according to a report released Tuesday by the Utah Department of Alcoholic Beverage Control. This year, total revenues topped $129 million, up from $126 million for 2008".
I think the liquor monopoly is good for the Utah state government. The liquor demand is also increase in Utah. As we know the demand curve for competitive firm is horizontal because they are price taker where as, the monopoly firm has downward sloping market curve. so I think by keeping the liquor monopoly government can reduce competition in a market and earn more profit by charging a higher price. Government can also increase its market power by liquor monopoly. so i think the liquor monopoly is good idea to reduce the Utah's budget shortfall.