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What is true when a market is in equilibrium? Choose 2. (1 Point) Please select 2 options. Total surplus is maximized. A central planner must

What is true when a market is in equilibrium? Choose 2. (1 Point) Please select 2 options. Total surplus is maximized. A central planner must be involved. Only increased prices can benefit those involved. Consumer surplus is greater than producer surplus. Total well being of all participants in the market is as high as possible. 8

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