If a market is efficient then________?

1085EconomicsMedium

Athe quantity produced in the market maximizes the sum of consumer and producer surplus

Bnone of these answers

Cthe market allocates output to the buyers that value it the most

Dthe market allocates buyers to the sellers who can produce the good at least cost

Eall these answers

Correct answer

E. all these answers

Explanation

The correct answer is all these answers.

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