Which of the Following Markets Will Have the Largest Deadweight

question 381

Multiple Choice

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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