NiaodPdxHopezz NiaodPdxHopezz
  • 03-03-2017
  • Business
contestada

What two conditions must hold for a competitive market to produce efficient outcomes?

Respuesta :

MasterKevin MasterKevin
  • 03-03-2017
Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
Answer Link

Otras preguntas

will someone please help me?
In what era did plants begin to flourish?
In most instances, words which are different in varous dialects are words related to
English bill of rights- how it affected creation of us gov
Unlike the economies of Japan and India, the economy of North Korea is A. Almost entirely run by the government B. Has limited military spending C. Is based
A 16 oz package of brown rice cost 79cents and 32oz package of white rice costs $3.49 which package is a better deal
Help!!!which of the following best describes the algebraic expression 10x+2
Given a = -3, b = 4 and c = -5, evaluate ab + c. -4 -17 7
At what time of day did germany declare war on france ww1
How did the catholic church react to new ideas in astronomy?