Microeconomics
Solutions
Microeconomics
For an economist, is the socially optimal output always preferred to the market output?
Explain “sociality optimal output always preferred to the market output”.
The socially optimal output is always preferred to the market output when there is no cost for shifts the output from market output to the socially optimal output. Economist believes that, if benefit of shifting the output from market output to ...
Chapter 17 Solutions
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