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Syllabus

2.3.6 Allocative efficiency at the competitive market equilibrium

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First exams 2022 » Unit 2: Microeconomics » 2.3 Competitive market equilibrium » 2.3.6 Allocative efficiency at the competitive market equilibrium

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Directly related questions

18M.1.SL.TZ1.2b:
Discuss the view that competitive markets will always achieve allocative efficiency.
19M.1.SL.TZ1.1b:
Examine the view that the best allocation of resources, from society’s point of view, occurs where the marginal private benefit equals the marginal private cost.

Sub sections and their related questions

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