If there are no unexploited opportunities for individuals in a particular market, then one can conclude that:
A) government regulation has been successful.
B) the market is in equilibrium.
C) the market is not in equilibrium.
D) a socially optimal outcome has been achieved.
Correct Answer:
Verified
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A)is
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Q170: A market equilibrium:
A)is socially optimal.
B)leaves unexploited opportunities
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