1. What is the difference between a partial equilibrium analysis and a general equilibrium analysis? When analyzing...

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1. What is the difference between a partial equilibrium analysis and a general equilibrium analysis? When analyzing the determination of prices in a market, under what circumstances would a general equilibrium analysis be more appropriate than a partial equilibrium analysis?

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Microeconomics

ISBN: 9780470563588

4th Edition

Authors: David Besanko, Ronald Braeutigam

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