Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Economic efficiency in a competitive market is achieved when:_________.
a. economic surplus is equal to consumer surplus.
b. the marginal benefit equals the marginal cost from the last unit sold.
c. consumers and producers are satisfied.
d. producer surplus equals the total amount firms receive from consumers minus the cost of production.

Sagot :

ndidiegbune

Answer:

D.) producer surplus equals the total amount firms receive from consumers minus the cost of production

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.