Which of the following statements is correct? monopolies are socially inefficient because they (i) charge a price above marginal cost. (ii) produce too little output. (iii) earn profits at the expense of consumers. (iv) maximize the market’s total surplus. a. (iii) only b. (iii) and (iv) only c. (i) and (ii) only d. (i), (ii), (iii), and (iv)
the 529 plan is the plan that offers a tax-free education
answer; ///i do believe that its called a cancelled )
when you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.
the answer to the question is (b) economists are sharply divided into competing schools of thought with little overlap of ideas and beliefs.
interestingly, as a field, economics does not have many school of thoughts that directly competes with one another – most of them share some similar concepts – just a different way of executing them. some examples of school of thoughts in economics include marxian economics and neoclassical economics.