A Perfectly Competitive Market

Multiple Choice

A perfectly competitive market

A) may not be in the best interests of society, whereas a monopoly market promotes general economic well-being
B) promotes general economic well-being, whereas a monopoly market may not be in the best interests of society.
C) and a monopoly market are equally likely to promote general economic well-being.
D) is less likely to promote general economic well-being than a monopoly market.