单选题

In competitive markets, when the efficient quantity is produced, the least likely result is to:

【正确答案】 B
【答案解析】

When the efficient quantity is produced, total surplus (the sum of consumer surplus and producer surplus) is maximized. Deadweight loss reduces total surplus and occurs when there is either underproduction or overproduction, i.e. when the quantity produced differs from the efficient quantity. When the efficient quantity is produced, underproduction does not occur.