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If a firm prices its output at marginal cost, the competitive solution, then gains from trade are: a) all in producer surplus. b) split between

If a firm prices its output at marginal cost, the competitive solution, then gains from trade are:

a) all in producer surplus.

b) split between producer and consumer surplus.

c) all in consumer surplus.

d) split in a Nash solution.

What is the correct answer ?

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