12. Economies normally move toward equilibriuma situation in which no individual can make himself or herself better
Question:
12. Economies normally move toward equilibrium—a situation in which no individual can make himself or herself better off by taking a different action.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essentials Of Economics
ISBN: 9781429218290
2nd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
Question Posted: