In Evaluating the Degree of Economic Efficiency in a Market

Multiple Choice

In evaluating the degree of economic efficiency in a market, we can state that the size of the deadweight loss in a market will be smaller

A) the greater the difference between marginal cost and price.
B) the smaller the difference between marginal cost and average total cost.
C) the smaller the difference between marginal cost and price.
D) the greater the difference between marginal cost and average revenue.