Are monopolies economically efficient? consider the market to the right. compared to the perfectly competitive outcome, what would be the change in surplus if instead the market had one supplier that was a monopoly? use the triangle drawing tool to shade in the change in surplus. properly label this shaded area. carefully follow the instructions above, and only draw the required objects.

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?