Question #49207

If buyers are rational and there is no market failure ?

Options:

A) free market solutions are efficient

B) free market solutions maximize total surplus

C) all of these answers

D) free market solutions are equitable

E) E. free market solutions are efficient and free market solutions maximize total surplus

Answer: If buyers are rational and there is no market failure E. free market solutions are efficient and free market solutions maximize total surplus.

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If buyers are rational and there is no market failure ?

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