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Other Fields Homework Help Economics Topic started by: Phydeaux on Dec 28, 2017



Title: At an efficient market outcome,
Post by: Phydeaux on Dec 28, 2017
At an efficient market outcome,
A) deadweight loss is zero.
B) marginal benefit equals marginal cost at the efficient quantity.
C) prices just cover all opportunity costs of production.
D) total surplus is maximized.
E) all of the above are true.


Title: Re: At an efficient market outcome,
Post by: holyman on Dec 28, 2017
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