The above figure shows the demand curves in four different markets. If each of the markets has an identical upward sloping supply curve and the same tax is levied on suppliers, which market would produce the largest amount of deadweight loss?

To reduce adverse selection

A) firms can use screening. B) both consumers and firms can use screening. C) the government could eliminate all monopolies and oligopolies. D) Both B and C.

Protectionism saves jobs in both the specific industry being protected, as well as in other unprotected industries

a. True b. False Indicate whether the statement is true or false