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

How might a limited resource, such as food, affect the survival of an individual organism? How might a severe limitation affect the long-term survival of a spec
what is 7mn multiplied by 5m squared n
Help me please. I stink at finding Area. Please help solve. What is the area of the circle above? Use 3.14 for pi. Answer_______
heat changes H O to steam                        2
An option at closing is to have estimated taxes added to the house payment and placed in a separate account until taxes are due. This process is called: A. mort
Which strategy works best to help people feel more comfortable in meetings?
Identify this group of words. He will return. fragment sentence
Archaea and eubacteria are primarily different in _____. genetic make-up and biochemistry size and shape method of reproduction symbiotic relationships
Dachelle does pushups every morning. She does 3 sets of 8 pushups, 7 days a week. How many pushups does Dachelle do in one week?
given f(x)= -x+15, what is f(-3) A.-45 B.12 C.18 D.45