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Absent externalities and public goods, a perfectly competitive system is equitable.

D-john

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Absent externalities and public goods, a perfectly competitive system is equitable.

Question 1.

For a change to be potentially efficient, no one can be made worse off.

▸ true

▸ false

Question 2.

Absent externalities and public goods, a perfectly competitive system is equitable.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 77 times

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jeromet1

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5 years ago

More solutions for this book are available here

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D-john Author

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5 years ago

Thanks

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