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Title: In perfect competition, when firms are maximizing profits and households are maximizing utility, Post by: apadong on Jun 27, 2017 In perfect competition, when firms are maximizing profits and households are maximizing utility,
A) the outcome is inefficient. B) Pareto optimality has been obtained. C) voluntary exchange can be used to make both firms and households better off. D) individual welfare is maximized, but social welfare is not. Title: Re: In perfect competition, when firms are maximizing profits and households are maximizing utility, ... Post by: DeToXiFY on Jun 27, 2017 Content hidden
Title: Re: In perfect competition, when firms are maximizing profits and households are maximizing utility, Post by: apadong on Aug 25, 2017 Correct :)
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