Producing the Socially Optimal (Efficient) Quantity of Goods in an Economy

Multiple Choice

Producing the socially optimal (efficient) quantity of goods in an economy is consistent with

A) having prices set, for every good, as low as possible
B) positive externalities and no government intervention in the economy
C) achieving total maximum utility in the economy
D) the value of resources used to produce goods is, for each good, less than the value consumers place on the good
E) society's opportunity costs being understated