If a Market Is Allocatively Efficient,_____

Multiple Choice

If a market is allocatively efficient,_____

A) firms produce at the minimum point of their marginal cost curve.
B) firms produce at the minimum point of their total cost curve.
C) consumers minimize their expenditures.
D) total utility cannot be increased through a reallocation of resources.
E) total output cannot be decreased through a reallocation of resources.