Maximizing surplus in a market depends not only on the amount bought and sold,but also on:
A) what those consumers do with it.
B) how productive the sellers are.
C) who buys and sells it.
D) None of these statements is true.

Question

Quizplus · Accepted Answer

Maximizing surplus in a market depends on the buyers and sellers involved because they determine the equilibrium price and quantity in the market. The allocation of goods and services among buyers and sellers affects the distribution of surplus in the market. Therefore, who buys and sells it impacts the overall surplus generated in the market. The other options, such as what consumers do with the product and how productive the sellers are, may affect individual welfare, but do not directly impact the overall surplus in the market.

Maximizing Surplus in a Market Depends Not Only on the Amount