Which of the Following Is NOT a Condition for Maximizing

question 36

Multiple Choice

Which of the following is NOT a condition for maximizing total economic surplus in a particular market?

• A)All private costs of production must be included.
• B)All social costs of production must be included.
• C)All private benefits of consumption must be included.
• D)Government regulation of the market is needed.

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Definitions:

Combining Form

In linguistics and lexicology, a form of a word that combines with another form to create a new word or term, often used in the creation of technical or medical terms.

Egg

An organic vessel containing the zygote in which an embryo develops until it can survive on its own; also, a common food item rich in protein.

Oophor/o

Oophor/o is a prefix related to the ovary or ovaries, utilized in medical terms.

Ov/o

A prefix relating to eggs, used in medical and scientific terms.