Business

Rhys Levine

8 June, 19:39

The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. C. maximizes the total surplus of the market because it guarantees that all mutually beneficial transactions will happen. D. is a short run phenomena that only happens when consumers and producers are in equilibrium.

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