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Economics A2
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Chots
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TSR Learn Together
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Hi there,
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Haleyparker
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(Original post by Chots)
Is a perfectly competitive market x-efficient in the short run?
Is a perfectly competitive market x-efficient in the short run?
A perfectly competitive marker is only allocative efficient in the long run
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Chots
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(Original post by Haleyparker)
A perfectly competitive market is productive and allocative efficient in the long run
A perfectly competitive marker is only allocative efficient in the long run
A perfectly competitive market is productive and allocative efficient in the long run
A perfectly competitive marker is only allocative efficient in the long run
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Schmitzel
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(Original post by Chots)
Haha thanks, I know that already though, I was referring to x efficiency
Haha thanks, I know that already though, I was referring to x efficiency
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