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scigeekalic scigeekalic
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A year ago
Which of the following is TRUE of equilibrium?

▸ Equilibrium refers to a situation where all economic agents are making suboptimal choices and have an incentive to change their behavior.

▸ Equilibrium refers to a situation where all economic agents simultaneously optimize after considering one another's actions.

▸ Equilibrium refers to a situation where an economic agent can be made better off without making anyone else worse off.

▸ Equilibrium refers to a situation where the government allocates resources among economic agents.
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Macroeconomics

Macroeconomics


Edition: 3rd
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Jessicav1126Jessicav1126
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A year ago
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scigeekalic Author
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A year ago
This helped my grade so much Perfect
TAT1238
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Yesterday
Good timing, thanks!
bbbbbbbh
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2 hours ago
Brilliant ツ
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