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Lauren1 Lauren1
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9 years ago
If the market for diamonds is a monopoly, then
A) there is an inefficient amount of resources allocated to the diamond market.
B) the prices of diamonds are too low.
C) diamond production is at the amount where the marginal social benefit equals the marginal social cost.
D) the diamond market is efficient.
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MrDerecheMrDereche
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9 years ago
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Lauren1 Author
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#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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