If the market supply and demand curves for computers include all costs or benefits, then in this case:
A) too few of society's resources are being used to produce computers.
B) too many of society's resources are being used to produce computers.
C) the efficient amount of society's resources are being used to produce computers.
D) there is an external benefit to society from computer production.

Question

Quizplus · Accepted Answer

If the market supply and demand curves for computers include all costs or benefits, it means that the market is efficient and taking into account all the costs and benefits of producing and consuming computers. Therefore, the allocation of resources is efficient, and the economy is producing the optimal output of computers.

If the Market Supply and Demand Curves for Computers Include