Business, 02.01.2020 22:31 rosetoheart2
Acompetitive market produces the economically efficient outcome if the following conditions are met, except multiple choice
a. the market produces only units for which benefits are at least equal to cost
b. the market produces only units for which costs are at least equal to benefits.
c. the market supply curve reflects all costs of production
d. the market demand curve reflects the buyers' full willingness to pay
Answers: 2
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Acompetitive market produces the economically efficient outcome if the following conditions are met,...
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