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Author Question: Economic efficiency is achieved when there is a market outcome in which the marginal benefit to ... (Read 77 times)

stock

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on: Mar 15, 2019

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


◦ economic surplus plus consumer surplus equals producer surplus.
◦ consumer surplus plus producer surplus is maximized.
◦ economic surplus is minimized.
◦ the difference between consumer surplus and producer surplus is maximized.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by stock on Mar 15, 2019

CourtneyCNorton

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Reply #1 on: Mar 15, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stock

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Reply #2 on: Mar 15, 2019
Excellent


CourtneyCNorton

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Reply #3 on: Mar 15, 2019
Great! Please up vote :D


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