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PaulKet PaulKet
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Posts: 488
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6 years ago
General-equilibrium analysis is the study of
A) how an equilibrium is determined in all markets simultaneously.
B) how an equilibrium is determined in all closely related markets.
C) the effects of a change in a market, and all spillover effects in all related markets.
D) All of the above.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 67 times
1 Reply
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

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