Ceteris paribus, an increase in the government's budget deficit will decrease the financial account surplus

A competitive market with no externalities is efficient when it is in equilibrium because

A) total benefit equals total cost. B) marginal benefit equals marginal cost. C) consumer surplus equals producer surplus. D) the sum of consumer surplus plus producer surplus is minimized. E) the deadweight gain equals its maximum.

A company needs to know the price of each resource it employs if it wants to determine whether or not it is achieving

A) technological efficiency. B) economic efficiency. C) accounting efficiency. D) managerial efficiency.