Which One of the Following Need Not Be Satisfied to Achieve

question 21

Multiple Choice

Which one of the following need not be satisfied to achieve allocative efficiency?

• A)Marginal social cost equals marginal social benefit.
• B)The sum of consumer surplus and producer surplus is maximized.
• C)Price equals marginal social benefit.
• D)Price equals marginal social cost.
• E)Only high-quality goods are produced.

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