Which of the Following Market Structures Results in a Deadweight

question 314

Multiple Choice

Which of the following market structures results in a deadweight loss in the long run? ​

• A)​Perfect competition and monopolistic competition
• B)Monopolistic competition and monopoly
• C)​Perfect competition and monopoly
• D)​All of these market structures lead to a deadweight loss in the long run

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Definitions:

Missing Premises

Arguments or assertions that are not explicitly stated but are required for an argument's conclusion to be logical.

Syllogism

A form of deductive reasoning consisting of a major premise, a minor premise, and a conclusion.

Valid Syllogism

A form of deductive reasoning where, from two given or assumed propositions (premises), a logical conclusion is drawn.

Categorical

Unconditional; absolute; being without exception or qualification.