Indicate whether the statement is true or false

1- Pareto optimality condition is achieved graphically at the intersection point between the marginal social cost and benefit 2- imposition of taxes would allow the government to produce public goods 3- It is possible for efficiency to be attained even if all the resources or factors of production are utilized 4- Government regulations that require airlines to provide their services such that the maximum price that passengers are willing to pay for a trip is below the minimum price that sellers are willing to accept are likely to cause losses in efficiency 5- Government programs can be approaching efficiency as long as the extra benefit is continously exceeding the extra cost 6- Although monopoly causes losses in efficiency, perfect competitive market without government intervention results in efficiency in the allocation of resources. 7- if the marginal social benefit of computer exceeds its marginal social cost, then additional net gains are possible from an increased annual computer production 8-Goods market are used for trading the factors of production services to both the government and the private business sector in mixed economy