An Efficient Quantity-Price Agreement Is Achieved By

Multiple Choice

An efficient quantity-price agreement is achieved by:

A) finding a point of tangency between buyer and seller profit contours.
B) supplying the maximum quantity that the buyer demands.
C) finding the buyer's value-maximizing quantity.
D) minimizing the supplier's average cost per unit.
E) finding a point where the seller's marginal cost is equal to zero.