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Please answer correct explain plz asap plz Don't answer by pen paper QUESTION 12 Explain how a perfectly competitive market causes allocationefficiency to occur. What

Please answer correct explain plz asap plz

Don't answer by pen paper

image text in transcribed
QUESTION 12 Explain how a perfectly competitive market causes allocationefficiency to occur. What is the mathematical requirement for productive efficiency? Why is this requirement met in perfect competition and in no other market structure? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt :E v IEv A v E E x2 X2 SIT The + ABC X EX: TT () +

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