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Phydeaux Phydeaux
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4 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.
Textbook 

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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holymanholyman
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4 years ago
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