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Author Question: The Canadian economy would achieve allocative efficiency if (Read 76 times)

swande

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The Canadian economy would achieve allocative efficiency if
◦ marginal product is equal for all factors of production.
◦ marginal cost equals price in all industries.
◦ there are no idle resources in the economy.
◦ marginal cost is equalized across industries.
◦ price equals average cost in all industries.


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Marked as best answer by swande on Oct 12, 2022

kalimarie

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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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swande

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Reply 2 on: Oct 12, 2022
Excellent


adf223

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

 

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