A Free Market Maximizes the Gains from Trade, the Sum

question 231

Multiple Choice

A free market maximizes the gains from trade, the sum of consumer and producer surplus, meeting all of the following conditions EXCEPT:

• A) all buyers who are willing to pay positive prices are able to receive goods from trade.
• B) the supply of goods is bought by the buyers with the highest willingness to pay.
• C) the supply of goods is sold by the sellers with the lowest costs.
• D) there are no unexploited gains from trade between buyers and sellers.

---

Definitions:

Medically Supervised

Oversight by a healthcare professional for the management or administration of healthcare services.

Edible Fruiting

The process or part of a plant that develops into a part that can be eaten as food.

Powdery Mildews

A group of fungal diseases that affect plants, characterized by white powdery spots on leaves and stems.

Siphons Sugars

A process involving the transport of sugars, typically within plants, from sources of production to storage or use sites.