6 Economists often argue that pure competition leads to ideal economic efficiency because (a) costs of production
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6 Economists often argue that pure competition leads to ideal economic efficiency because
(a) costs of production are minimized and
(b) profit-maximizing producers produce the goods consumers desire most.
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Related Book For
Essentials Of Economics
ISBN: 396414
2nd Edition
Authors: James D Gwartney; Richard Stroup; J R Clark
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