If the wage rate increases,

Which of the following differs between a perfectly competitive market and a market with a perfectly price discriminating monopoly?

A) The amount of producer surplus B) The quantity produced C) The total surplus D) None of the above because they are all the same in a perfectly competitive market and in a market with a perfectly price discriminating monopoly.

The difference between exports and imports of goods is the

A) balance of trade. B) balance of payments. C) balance of accounts. D) balance of paying.