Use the Figure Below to Answer the Following Question

Multiple Choice

Use the figure below to answer the following question. Figure 5.3.3
-Choose the correct statement.

A) The competitive market pushes the quantity produced to its efficient level.
B) When the efficient quantity is produced in a competitive market,consumer surplus is maximized.
C) Competitive equilibrium occurs when demand equals supply.
D) When the efficient quantity is produced in a competitive market,producer surplus is maximized.
E) When the efficient quantity is produced in a competitive market,producer surplus is minimized.