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

Based on the map the erie canal and hudson river contributed directly to the
Brian bought a 15-pound bag of concrete. He spilled the bag into smaller bags that each holds 2 1/2 pounds. How many smaller bags did he fill?
Why are hairs not a form of positive identification?
what is the distance for austin ,tx to houston ,tx if it is 3.25 inches on the map .
Which term matches this definition? Devices that isolate or remove the bloodborne pathogens hazard from the workplace
The bell-shaped pattern that represents the frequency of intelligence test scores in the general population is called a:
which type of electromagnetic energy reflected by the moon is most easily seen by a person on earth
How do you write 0.74 as a fraction in simplest form?
How did polk try to resolve the california issue without bloodshed?
Education, experiences, social and cultural expectations, and religious beliefs are called a listener's A. reference points. B. defense mechanisms.