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

find the slope the in clearest form
what do you mean by tele surgery​
Read this excerpt from a play. (The scene opens on a park in summer time. Picnic blankets adorn the grass, and children are happily eating slices of watermelon
How i can answer this question, NO LINKS, If you answer correctly I will give u brainliest!
Tasha deposits money in a similar Certificate of Deposit account (CD). The balance in her account is described, with units as in Nick’s deposit, T(t)=650(1.03)t
The diagram shows the graph of y = x/2 + 2/x, for 0 < x ≤ 8 (a) Use the graph to solve the equation x/2 + 2/x = 3(b) By drawing a suitable tangent, work out
A pear and a papaya are placed 12 meters apart from each other. The pear is 0.005 kg and the papaya is 0.008 kg. Calculate the force of gravitation between them
Explain the situation which led Sumanguru to kill all of Maghan Kon Fatta's children. Why did Sumanguru spare Sundiata's life? Was this a smart decision?
Multiply. 8.2⋅4.3 Enter your answer in the box. 63 points no links!
The traffic on the way home was so bad i wish we…….. a different route