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Author Question: In a competitive market for a private good with no price or quantity regulations, no external cost ... (Read 68 times)

jjjetplane

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on: May 24, 2019
In a competitive market for a private good with no price or quantity regulations, no external cost nor external benefit, low transactions costs, and no taxes or subsidies,
◦ the allocation of resources is planned by the government.
◦ production is organized by government organizations.
◦ efficiency can be attained in the market with no government intervention.
◦ efficiency is usually be achieved by majority rule.
◦ efficiency is generally obtained by using a command system.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jjjetplane on May 24, 2019

sarahccccc

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Reply #1 on: May 24, 2019
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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jjjetplane

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
:D TYSM

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