-The Figure Above Shows the Market for Pants

Multiple Choice

-The figure above shows the market for pants. If the efficient quantity is produced,

A) the consumer surplus on all the pants must equal the producer surplus on all the pants.
B) the sum of consumer and producer surplus will be maximised.
C) a small deadweight loss will result.
D) the sum of consumer and producer surplus will be minimised.
E) there will be no consumer surplus.