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Title: Economic efficiency in a competitive market is achieved when Post by: Tidy on Jun 20, 2015 Economic efficiency in a competitive market is achieved when
A) economic surplus is equal to consumer surplus. B) consumers and producers are satisfied. C) the marginal benefit equals the marginal cost from the last unit sold. D) producer surplus equals the total amount firms receive from consumers minus the cost of production. Title: Re: Economic efficiency in a competitive market is achieved when Post by: Sydnie on Aug 8, 2015 Content hidden
Title: Re: Economic efficiency in a competitive market is achieved when Post by: Sydnie on Aug 31, 2015 I was confident with my answer, glad it was correct.
Oh, and thumbs-up are more than welcome :) |