49 We can say that the allocation of resources is efficient if producer surplus is maximized b consumer surplus is maximized total surplus is maximized d sellers' costs are minimized 50 Inefficiency exists in an economy when a good is being produced with less than all available resources b not dis...

49.We can say that the allocation of resources is efficient if producer surplus is maximized. b....

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Basic Economics

ISBN: 978-1111826642

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Authors: Frank V. Mastrianna

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49.We can say that the allocation of resources is efficient if producer surplus is maximized. b....

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