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-In the Above Figure, at the Efficient Quantity of CDs

Question 131

Multiple Choice

-In the above figure, at the efficient quantity of CDs A) total consumer surplus is zero. B) total producer surplus is zero. C) the sum of consumer surplus and producer surplus is maximized. D) Both answers A and B are correct.
-In the above figure, at the efficient quantity of CDs


A) total consumer surplus is zero.
B) total producer surplus is zero.
C) the sum of consumer surplus and producer surplus is maximized.
D) Both answers A and B are correct.

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