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Author Question: Consider theefficiencyof various market structures. In the absence of other market failures, ... (Read 147 times)

rissygurl1124

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on: Oct 12, 2022
Consider the efficiency of various market structures. In the absence of other market failures, allocative efficiency is achieved only under perfect competition because only this market structure results in
◦ P = MC.
◦ zero long-run profits.
◦ complete freedom of entry and exit.
◦ productive efficiency.
◦ maximization of profits through competition.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rissygurl1124 on Oct 12, 2022

Khareemom14

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rissygurl1124

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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