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Tidy Tidy
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________ is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal to the marginal cost of production, and in which the sum of consumer surplus and producer surplus is at a maximum.
A) Economic efficiency
B) Consumer efficiency
C) Producer efficiency
D) Deadweight efficiency
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Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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Tidy Author
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8 years ago
this is exactly what I needed
jmelchor77
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Thank you, thank you, thank you!
Fleury
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You make an excellent tutor!
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