Market failure arises if ______. A. There is overproduction of the good but not if there is

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Market failure arises if ______.
A. There is overproduction of the good but not if there is underproduction
B. The deadweight loss is zero
C. Producer surplus exceeds consumer surplus
D. Total surplus is not maximized

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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