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In three or four sentences, explain the relationship between the equilibrium price and efficiency.
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In three or four sentences, explain the relationship between the equilibrium price and efficiency.

User Gal Yedidovich
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Answer:

EQUILIBRIUM PRICES...

The equilibrium price is market price where the quantity of goods supplied in equal to the quantity of good demand...

EFFICIENCY...

The comparison of what is actually produce or performed with what can we achieve with same consumption...

Step-by-step explanation:

User Diana Mikhasyova
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