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Title: At the competitive equilibrium quantity supplied equals quantity demanded in all markets. Post by: djsmyers on Nov 12, 2017 At the competitive equilibrium quantity supplied equals quantity demanded in all markets.
Title: Re: At the competitive equilibrium quantity supplied equals quantity demanded in all markets. Post by: desperado2 on Nov 12, 2017 True. When the MRS = MRT = ratio of prices, the optimal product mix is produced efficiently and firms sell at marginal cost.
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