An efficient allocation of resources implies _______ allocation of goods and services.
A) an equitable
B) an inequitable
C) neither an equitable nor an inequitable
D) a maximum
Correct Answer:
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A) markets are competitive.
B)
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Q124: The market will respond _ to the
Q125: According to the authors of your text,
Q128: An example of a public good is:
A)
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Q130: There is/are _ that economists can apply
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