At the free market equilibrium,the efficient level of output is produced because

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At the free market equilibrium, total surplus is maximized, which means that the sum of consumer surplus and producer surplus is as high as possible. This occurs when the market reaches the point where quantity demanded equals quantity supplied. Therefore, D is the correct choice. A is incorrect because in a free market, there is no government regulation of output. B is partially correct, but firms are only maximizing profit while also producing the quantity demanded by the market. C is incorrect because willingness to pay may vary among consumers, but at the equilibrium, the consumers who are willing to pay the market price are the ones who receive the good.

At the Free Market Equilibrium,the Efficient Level of Output Is