An efficient use of resources occurs when
A)a deadweight loss arises.
B)total social benefit from a good equals its total social cost.
C)producer surplus is eliminated.
D)consumer surplus is maximized.
E)a monopoly practices perfect price discrimination.

Question

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The Answer of An efficient use of resources occurs when
A)a deadweight loss arises.
B)total social benefit from a good equals its total social cost.
C)producer surplus is eliminated.
D)consumer surplus is maximized.
E)a monopoly practices perfect price discrimination.

An Efficient Use of Resources Occurs When