A market is allocatively efficient if the sum of the consumer surplus and the producer surplus has been maximized. producer surplus has been maximized. profit has been maximized. consumer surplus has been maximized.

Question

A market is allocatively efficient if the sum of the consumer surplus and the producer surplus has been maximized. producer surplus has been maximized. profit has been maximized. consumer surplus has been maximized.

Answer 1

market is allocatively efficient if resources are distributed in a way that maximizes consumer satisfaction. This occurs when goods and services are produced in accordance with consumer preferences. In this case, the correct answer is:**consumer surplus has been maximized.**

Soru

A market is allocatively efficient if the sum of the consumer surplus and the producer surplus has been maximized. producer surplus has been maximized. profit has been maximized. consumer surplus has been maximized.

Çözüm

Cevap