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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 22, 2017



Title: Which of the following best describes equilibrium?
Post by: AndrewKraus on May 22, 2017
Which of the following best describes equilibrium?
A) A situation where the government intervenes to allocate resources
B) A situation where only one individual or firm takes an optimum decision
C) A situation where no economic agent would benefit by changing his or her behavior
D) A situation where economic agents do not optimize as they do not have perfect information


Title: Re: Which of the following best describes equilibrium?
Post by: lostein on May 22, 2017
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Title: Re: Which of the following best describes equilibrium?
Post by: AndrewKraus on Jun 24, 2017
I'll share this with my friends, thank you for being there