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Author Question: Which of the following is required for an economy to be allocatively efficient? (Read 76 times)

Mscarter

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on: Oct 12, 2022
Which of the following is required for an economy to be allocatively efficient?
◦ Marginal cost equals price for all goods.
◦ All firms employ least-cost production techniques.
◦ Imperfectly competitive markets are regulated.
◦ The marginal costs of all firms in an industry are equal.
◦ The economy's resources are fully employed.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Mscarter on Oct 12, 2022

avelasquez

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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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Mscarter

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

kthug

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

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