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Author Question: In the market for international loans, most countries, including the United States, are net ... (Read 45 times)

Lisaclaire

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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.


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kingfahad97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Lisaclaire

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

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Reply 3 on: Yesterday
Excellent

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