Multiple Choice
Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss
-As shown in Exhibit 3A-2, if the market price falls from P2 to P3, then:
A) total surplus increases.
B) deadweight loss decreases.
C) overproduction increases.
D) underproduction decreases.
Correct Answer:

Verified
Correct Answer:
Verified
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