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    Principles of Economics
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    Exam 7: Consumers, Producers and the Efficiency of Markets
  5. Question
    At the Equilibrium of Supply and Demand in a Market
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At the Equilibrium of Supply and Demand in a Market

Question 165

Question 165

Multiple Choice

At the equilibrium of supply and demand in a market:


A) costs of producers are minimised
B) total benefits received by buyers and sellers are maximised
C) total benefits received by buyers and sellers are minimised
D) expenditures of buyers are maximised

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