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Author Question: If a society relies on competitive markets to allocate goods, then A) an equitable distribution ... (Read 78 times)

cookcarl

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on: Jul 1, 2018
If a society relies on competitive markets to allocate goods, then
 
  A) an equitable distribution is assured.
  B) an equitable distribution is certain to not occur.
  C) the competitive equilibrium will be Pareto-superior to any other.
  D) social welfare as measured by consumer surplus plus producer surplus will equal zero.

Question 2

If increasing returns to scale are present, the long-run average cost increases as more output is produced.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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eliasc0401

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Reply #1 on: Jul 1, 2018
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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cookcarl

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

komodo7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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