A government decides to use price controls to achieve allocative efficiency in a monopoly market. Which price would need to be set to achieve allocative efficiency?
A.
B.
C.
D.
Exam No：9708_w24_qp_33 Year：2024 Question No：11
Answer:
C
Knowledge points:
7.3.1 definitions of productive efficiency and allocative efficiency
7.3.2 conditions for productive efficiency and allocative efficiency
Solution:
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