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should be explained by equations. No more than 1 page On the basis of the theory of welfare economics, explain why governments may consider resource

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should be explained by equations. No more than 1 page On the basis of the theory of welfare economics, explain why governments may consider resource allocation to be efficient, even if from the societies perspective it may be leading to an unfair. (10 marks) (Your answer should not exceed 1 page. You can support you answer with relevant graphs)

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