karlaperez5998 karlaperez5998
  • 20-09-2017
  • Business
contestada

When both producers and consumers experience a surplus, the market will be efficient?

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ahmedishaal ahmedishaal
  • 27-09-2017
No the statement is not true. It will not be efficient as in order for a market to be efficient, the allocation of resources must maximize total surplus which does not seem the case in the given statement. 
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