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Which of the Following Is NOT Guaranteed by the Efficiency

Question 70

Multiple Choice

Which of the following is NOT guaranteed by the efficiency of the market equilibrium?


A) Price represents the value of an extra unit of consumption.
B) Rich and poor will have adequate access to the good.
C) Price represents the cost of an extra unit of production.
D) Neither a shortage nor a surplus will exist.
E) All mutually beneficial trades will have been made.

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