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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When efficiency is attained, the sum of the total amount of consumer surplus and producer surplus is
A) minimized.
B) maximized.
C) equal to the deadweight loss.
D) undefined.
E) equal to zero.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 1021 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
You make an excellent tutor!
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Yesterday
Good timing, thanks!
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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