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

You are on your way to meet with your manager about changing your work schedule, when you see a spill on the floor. what would you most likely do?
Which type of css style is best used to format only a single element on a single page in a site?
One reaction of native Americans to European policies
When your body temperature rises on a hot day, the neural and hormonal mechanisms activate sweating. evaporation of sweat leads to cooling of the body surface.
Is it apparent that the hammurabi code is the product of a civilization?
Please help me with math question
The brown paper test for lipids is positive when food is placed on the paper and a spot forms which will allow light to pass through it. Which food would give t
What is the tool to determine the relative size of things
A number between 40 to 60. When it is divided by 5 it leaves a remainder of 3. When it is divided by 4, it leaves a remainder of 1.
true or false the lieutenant governor is restricted to the same number of terms as the governor