Microeconomics (13th Edition)
Microeconomics (13th Edition)
13th Edition
ISBN: 9780134744476
Author: Michael Parkin
Publisher: PEARSON
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Chapter 12.6, Problem 1RQ
To determine

What are the conditions that must be met in order to make sure that resources are efficiently allocated?

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Why should the economic decision be based on the objective of making the best use of limited resources?
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