The creation of markets that were previously "missing":
A)increases economic well being.
B)increases total surplus.
C)benefits those who interact in the new markets.
D)All of these are true.

Question

Quizplus · Accepted Answer

The creation of markets that were previously "missing" can increase economic well-being by providing access to goods and services that were previously unavailable or difficult to access. This increase in availability can lead to an increase in total surplus, as more people are able to benefit from the exchange of goods and services. Additionally, the creation of new markets can benefit those who interact in the new markets, as they now have access to new opportunities for consumption or production. Thus, all of these options are true.

The Creation of Markets That Were Previously "Missing