Title: Which of the following occurs when a market is efficient? Post by: Loraine on Jun 20, 2015 Which of the following occurs when a market is efficient?
A) Consumer surplus equals producer surplus. B) Consumer surplus is as large as possible. C) Producer surplus is as large as possible. D) The sum of consumer surplus and producer surplus is maximized. E) The marginal benefit exceeds the marginal cost by as much as possible. Title: Re: Which of the following occurs when a market is efficient? Post by: Sydnie on Aug 9, 2015 Content hidden
|