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Which assumption(s) are necessary for an efficient allocation of resources among firms?

chomtong

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Which assumption(s) are necessary for an efficient allocation of resources among firms?

Which assumption(s) are necessary for an efficient allocation of resources among firms?
A) All firms pay the same prices for inputs.
B) Firms behave so as to maximize their profits.
C) Factor markets are open and competitive.
D) All of the above are correct.

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Akshtsaklani21

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chomtong Author

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6 years ago

Thanks

Zacellison

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Thanks for your help!!

annakc

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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