... post-trade prices. Chapter 16: General Equilibrium and Economic Efficiency 255 PART IV INFORMATION, MARKET FAILURE, AND THE ROLE OF GOVERNMENT CHAPTER 16 GENERAL EQUILIBRIUM AND ECONOMIC ... 1 10 1 10 10 58 2 22 2 22 22 38 3 38 3 38 38 22 4 58 4 58 58 10 5 80 5 80 80 0 Chapter 16: General Equilibrium and Economic Efficiency 265 8. A monopsonist buys labor for less than ... To increase x, the units of Alpha, Acme must release inputs in the production of Beta Chapter 16: General Equilibrium and Economic Efficiency 266 and redirect them to producing Alpha. The...