Markets maximize welfare if 1 there is no market power and 2 all benefitscosts

Markets maximize welfare if 1 there is no market

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Markets maximize welfare if 1) there is no market power and 2) all benefits/costs borne by market par,cipants.
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GDP = Consump,on + Investment + Government Spending + Net Exports = C + I + G + X Why the need for G at all?
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Q*
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