Multiple Choice
Gains from trade will be maximized at the free market equilibrium price and quantity because the supply of goods is:
A) bought by the buyers who have the highest willingness to pay.
B) bought by the buyers who have the lowest willingness to pay.
C) sold by the sellers with the highest opportunity cost.
D) sold by the sellers that minimize producer surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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