For market equilibrium to generate the largest possible


For market equilibrium to generate the largest possible surplus and thus be efficient, which condition(s)must be met?

a. Marginal benefit must be greater than marginal cost.

b. Marginal benefit must be less than marginal cost.

c. Marginal benefit must be equal to marginal cost.

d. Total producer surplus must be minimized.

e. Total consumer surplus must be maximized.

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Macroeconomics: For market equilibrium to generate the largest possible
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