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11 Dec 2019
An efficient allocation of resources maximizes:
(i) consumer surplus minus producer surplus.
(ii) consumer surplus plus producer surplus.
(iii) consumer surplus.
(iv) producer surplus.
An efficient allocation of resources maximizes:
(i) consumer surplus minus producer surplus.
(ii) consumer surplus plus producer surplus.
(iii) consumer surplus.
(iv) producer surplus.
Reid WolffLv2
26 Mar 2020
