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    Foundations of Macroeconomics
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    Exam 6: Efficiency and Fairness of Markets
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    When Efficiency Is Attained,the Sum of the Total Amount of Consumer
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When Efficiency Is Attained,the Sum of the Total Amount of Consumer

Question 238

Question 238

Multiple Choice

When efficiency is attained,the sum of the total amount of consumer surplus and producer surplus is


A) minimized.
B) maximized.
C) equal to the deadweight loss.
D) undefined.
E) equal to zero.

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