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Author Question: At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common ... (Read 116 times)

sc00by25

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on: May 24, 2019
At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common resources, or high transactions costs, which of the following occurs?
i.  an efficient outcome
ii.  definitely a fair outcome when judged by the fair-results approach
iii.  marginal cost equals marginal benefit
iv.  producer surplus equals consumer surplus
◦ i and iii
◦ i, ii and iii
◦ ii and iii
◦ i, ii, iii and iv
◦ only i
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by sc00by25 on May 24, 2019

GCabra

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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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sc00by25

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Reply #2 on: May 24, 2019
Thanks


GCabra

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Reply #3 on: May 24, 2019
Welcome :)


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