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    Macroeconomics Study Set 68
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    Exam 4: Market Failures Caused by Externalities Asymmetric Information
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    Allocative Efficiency Occurs Where the Collective Sum of Consumer and Producer
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Allocative Efficiency Occurs Where the Collective Sum of Consumer and Producer

Question 81

Question 81

True/False

Allocative efficiency occurs where the collective sum of consumer and producer surplus is at a
maximum.

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