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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
Economic efficiency is achieved when there is a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its marginal cost of production and
A) economic surplus plus consumer surplus equals producer surplus.
B) consumer surplus plus producer surplus is maximized.
C) economic surplus is minimized.
D) the difference between consumer surplus and producer surplus is maximized.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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#1
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9 years ago
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Tidy Author
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9 years ago
Good timing, thanks!
smi3
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Yesterday
Brilliant ツ
jakechambo3
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2 hours ago
Thanks
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