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QUESTION 4 The equilibrium in a perfectly competitive market has the maximum: a.Profit. b.Producer Surplus. c.Sum of consumer and producer surplus. d.Consumer Surplus.
QUESTION 4
- The equilibrium in a perfectly competitive market has the maximum:
- a.Profit.
- b.Producer Surplus.
- c.Sum of consumer and producer surplus.
- d.Consumer Surplus.
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