If buyers are rational and there is no market failure?

2807EconomicsMedium

Afree market solutions are efficient

Bfree market solutions are efficient and free market solutions maximize total surplus

Cfree market solutions are equitable

Dall of these answers

Efree market solutions maximize total surplus

Correct answer

B. free market solutions are efficient and free market solutions maximize total surplus

Explanation

The correct answer is free market solutions are efficient and free market solutions maximize total surplus.

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