Which of the following is not a condition required for the first welfare theorem to hold:O a. No government policy interferes with the formation of prices.O b. No market actor has market power.© c....

Which of the following is not a condition required for the first welfare theorem to hold: O a. No government policy interferes with the formation of prices. O b. No market actor has market power. © c. Tastes are quasilinear. O d. Income is distributed fairly before markets open. O e. (a) and (c) Of. (b) and (c) O g. (c) and (d) O h. (b) and (d)