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    Exam 7: The Efficiency of Markets
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    All of the Following Are Conditions of Pareto Efficiency Except
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All of the Following Are Conditions of Pareto Efficiency Except

Question 15

Question 15

Multiple Choice

All of the following are conditions of Pareto efficiency except


A) price equals marginal benefit.
B) marginal benefit is the same for all consumers.
C) marginal cost is the same for all producers.
D) income is the same for all consumers and producers.
E) marginal benefit equals marginal cost.

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