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An important role of government is to improve the way markets allocate resources. Which of the following conditions equal optimally allocated resources? Question 23 options:
An important role of government is to improve the way markets allocate resources. Which of the following conditions equal optimally allocated resources? Question 23 options: Optimal allocation actually means there may a shortage of supply to meet demand When the additional benefits from consuming the last unit equals the cost of producing the last unit When all allocated resources are utilized and the demand for additional is low. There is not a reasonable method to reach absolute optimal allocation of resources
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