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(b) Is it true that at the perfectly competitive market equilibrium no one can be made better off without making someone else worse off? Explain
(b) Is it true that at the perfectly competitive market equilibrium no one can be made better off without making someone else worse off? Explain why or why not?
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
