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Phydeaux Phydeaux
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6 years ago
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.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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holymanholyman
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6 years ago
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You make an excellent tutor!
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