Which of the Following Statements Is False

question 139

Multiple Choice

Which of the following statements is false?

• A)The sum of producer and consumer surplus is maximized when equilibrium is achieved.
• B)Any successful effort to keep price from going to equilibrium decreases the sum of producer and consumer surplus in a market.
• C)The sum of producer and consumer surplus is maximized when Pareto efficiency is achieved.
• D)Consumer surplus is at its maximum when the price of a product is zero.
• E)Producer surplus is all that is maximized when Pareto efficiency is achieved.

---

Definitions:

Total Magnification

The enlargement level of an image as seen through a microscope, calculated by multiplying the objective lens magnification by the eyepiece lens magnification.

Cross-Sectional Area

The total area within the boundary of a three-dimensional object when it is cut through perpendicularly to its longest axis.

Field Diameter

The length of the visible field observed through the microscope or another imaging device.

Total Magnification

The combined magnification achieved when using a microscope, determined by multiplying the objective lens magnification by the eyepiece lens magnification.