# In general, if a benevolent social planner wanted to maximize the total benefits received by buyers and sellers in a market, the planner should? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: In general, if a benevolent social planner wanted to maximize the total benefits received by buyers and sellers in a market, the planner should? Correct Answer: B. allow the market to seek equilibrium on its own.. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# In general, if a benevolent social planner wanted to maximize the total benefits received by buyers and sellers in a market, the planner should?

Direct Answer & Quick Reference

The correct option is **B. allow the market to seek equilibrium on its own.**.

A. choose a price below the market equilibrium price

B. allow the market to seek equilibrium on its own. **(Correct Answer)**

C. Choose any price the planner wants because the losses to the sellers (buyers) from any change in price are exactly offset by the gains to the buyers (sellers).

D. choose a price above the market equilibrium price

✨ Explain with AI

Verified Key: B. allow the market to seek equilibrium on its own.
Solved by 5,101+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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