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In a competitive market, when the market price is at its equilibrium level, O the gains from trade are maximized O there will be no

In a competitive market, when the market price is at its equilibrium level, O the gains from trade are maximized O there will be no surplus or short of the good being traded O at the margin, the value that buyers put on the good is equal to the marginal cost of producing it O all of the above O none of the above

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