kearstyn2566 kearstyn2566
  • 20-10-2021
  • Business
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to maximize economic surplus, keep increasing output as long as

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lkenyaeferdinand9805
lkenyaeferdinand9805 lkenyaeferdinand9805
  • 20-10-2021

Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

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