Question
increases economic efficiency because it forces firms to produce and sell goods and services as long as the additional benefit to consumers is greater than
increases economic efficiency because it forces firms to produce and sell goods and services as long as the additional benefit to consumers is greater than the additional cost of production.
A centrally planned economy
Equity
Voluntary exchange
Competition
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
