Social Studies, 19.11.2019 06:31 kernlife
When a competitive market maximizes economic surplus, it implies that the rev: 05_10_2018.a. marginal benefit of having the product is greater than the marginal cost. b.buyers are getting the maximum consumer surplus from the product. c.combined consumer and producer surplus is maximized. d.quantity demanded is lower than the quantity supplied.
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When a competitive market maximizes economic surplus, it implies that the rev: 05_10_2018.a. margin...
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