Author Question: In the market for international loans, most countries, including the United States, are net ... (Read 94 times)

Lisaclaire · **on:** Jun 29, 2018

In the market for international loans, most countries, including the United States, are net borrowers.

Indicate whether the statement is true or false

Question 2

Which of the following markets will have the largest deadweight loss?

A) A market that consists of perfectly competitive firms.
B) A market that consists of a single-price monopoly.
C) A market that consists of a perfect price discriminating monopoly.
D) None of the above. There is no deadweight loss as long as firms produce at the level of output where marginal revenue equals marginal cost.