Question

In what sense is a competitive equilibrium a good or bad thing for a given economy?

In what sense is a competitive equilibrium a good or bad thing for a given economy?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

It can actually be mentioned that a competitive equilibrium may be good for the economy because competitive equilibrium maximizes the venture because the prices of the goods are not over charged result of which people can afford more amount of goods with their incoming result of which would be progressive in nature all in all

Add a comment
Know the answer?
Add Answer to:
In what sense is a competitive equilibrium a good or bad thing for a given economy?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT