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Business, 02.03.2021 01:00 citiboy45

Which of the following statements is not true? A) Markets usually lead to efficiency.

B) If an economy is efficient, then it is possible to make only a few people better off without reducing other individuals' economic welfare.

C) Economic efficiency exists when all opportunities to make people better off have been fully exploited.

D) Economic efficiency exists when an economy realizes the maximum possible gains from trade given the available resources.

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Which of the following statements is not true? A) Markets usually lead to efficiency.

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