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Home Q & A Board Other Fields Homework Help Business Economics
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Tragamin Tragamin
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6 years ago
When businesses maximize their profits, the outcome is
A) always efficient.
B) always inefficient.
C) best for the economy as a whole.
D) is inefficient for price-taking market structures and efficient for price-making market structures.
E) is efficient for price-taking market structures and inefficient for price-making market structures.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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holymanholyman
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6 years ago
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#2
3 years ago
Thank you.
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