Markets Are Efficient When

question 137

Multiple Choice

Markets are efficient when

• A) consumer surplus is maximized.
• B) total surplus is maximized.
• C) they deviate from equilibrium.
• D) consumer surplus is equal to producer surplus.

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Definitions:

Lau V. Nichols

A landmark U.S. Supreme Court case that ruled on the necessity of school districts to provide English language instruction to students with limited English proficiency.

English is Limited

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