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Laurent Laurent
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6 years ago
At an efficient market outcome,
A) consumer surplus exceeds producer surplus.
B) producer surplus exceeds consumer surplus.
C) the sum of consumer surplus and producer surplus is maximized.
D) marginal benefit is maximized.
E) the sum of consumer surplus and producer surplus is minimized.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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6 years ago
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