In Competitive Equilibrium,which of the Following Statements Is False

Multiple Choice

In competitive equilibrium,which of the following statements is false?

A) Marginal social benefit equals marginal social cost.
B) Willingness to pay equals marginal cost of production.
C) The sum of consumer surplus and producer surplus is maximized.
D) Deadweight loss is maximized.
E) Resources are used efficiently to produce goods and services that people value most highly.