contestada

Efficiency is attained when a. total surplus is maximized. b. producer surplus is maximized. c. all resources are being used. d. consumer surplus is maximized and producer surplus is minimized

Respuesta :

ogorwyne

Answer:

A.

Explanation:

Efficiency is attained when total surplus is maximized. At this point consumer surplus is equal to producers surplus which means that they are in equilibrium.

When efficiency is reached, the sum of the total amount of consumer surplus and producer surplus is maximized.

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