Multiple Choice
Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss
-As shown in Exhibit 3A-1, if the market price falls from $3.00 to $2.00, then:
A) consumer surplus increases.
B) producer surplus increases.
C) deadweight loss is eliminated.
D) all of these are true.
Correct Answer:

Verified
Correct Answer:
Verified
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