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    Principles of Economics Study Set 1
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    Exam 3: Supply and Demand
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    A Market Equilibrium
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A Market Equilibrium

Question 38

Question 38

Multiple Choice

A market equilibrium:


A) is socially optimal.
B) leaves unexploited opportunities for individuals.
C) might not maximize total economic surplus.
D) is never socially optimal.

Correct Answer:

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