A competitive equilibrium is Pareto-efficient because ?

A. prices equal marginal cost and benefit

B. All of the above

C. consumers and producers face the same prices

D. marginal costs and benefits are equal

E. Producers are price takers

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.