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deadweight loss refer to? A the loss of economic surplus when the marginal benefit equals the marginal cost of the last unit produced B the

deadweight loss refer to?

A the loss of economic surplus when the marginal benefit equals the marginal cost of the last unit produced

B the opportunity cost to firms from producing the equilibrium quantity in a competitive market

C the reduction in economic surplus resulting from not being in competitive equilibrium

D the sum of consumer and producer surplus

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