Choose the statement that is

incorrect.

A.

Where monopoly elements exist in markets with uncertainty andincomplete? information, exactly the same inefficiency issues ariseas occur in markets where uncertainty and incomplete informationare not big issues.

B.

Being overinformed is never inefficient.

C.

It is likely that in some information? markets, there isunderproduction arising from the attempt to maximize monopolyprofit.

D.

There are probably large economies of scale in providingservices that cope with uncertainty and incomplete information.