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    Exam 12: Economic Efficiency and Public Policy
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    In General,the Sum of Consumer and Producer Surplus Is Maximized
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In General,the Sum of Consumer and Producer Surplus Is Maximized

Question 35

Question 35

Multiple Choice

In general,the sum of consumer and producer surplus is maximized under the conditions of


A) perfect competition.
B) monopoly.
C) monopolistic competition.
D) oligopoly.
E) any market structure.

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