Which of the Following Statements Is TRUE

question 365

Multiple Choice

Which of the following statements is TRUE?

• A) Perfectly competitive markets are efficient, but monopoly markets never are efficient.
• B) Perfectly competitive markets always reach equilibrium but monopoly markets never reach equilibrium.
• C) Perfect price discriminating monopolists can eliminate all deadweight losses and achieve efficiency.
• D) All the above statements are true.

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Definitions:

Nuclear Energy

Energy released during nuclear fission or fusion, especially when used to generate electricity.

Nuclear Fusion

A process where two light atomic nuclei combine to form a heavier nucleus, releasing a large amount of energy.

Uranium Decays

The process by which uranium atoms split into smaller parts (decay), releasing energy and creating new elements, used in both nuclear energy production and radiometric dating.

Uranium Roll-front Deposit

A type of uranium ore deposit formed by the interaction of oxidized groundwater with reducing conditions at the interface, often resulting in a crescent-shaped ore body.