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Price 3 I R R R Quantity Refer to the diagram. If actual preduction and consumption occur at G, Multiple Choice O efficiency is achieved.

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Price 3 I R R R Quantity Refer to the diagram. If actual preduction and consumption occur at G, Multiple Choice O efficiency is achieved. O an efficiency loss (or deadweight loss) of a = c occurs. O an efficiency loss (or deadweight loss) of e+ foccurs

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Price theory and applications

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