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I would like to know why : The point of allocative efficiency is deemed to exist when the price of a product is equal to its MC.
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This basically depends on the type of market structure a firm is operating in. In case of Imperfect market structure, point of allocative efficiency would not exist under any circumstances as the producer in an imperfect market would always prefer to produce at the profit maximizing level of output, which is MC = MR.I would like to know why : The point of allocative efficiency is deemed to exist when the price of a product is equal to its MC.
no dear recheckI think 22nd.
u needto buy it .....no softcopiesDoes anyone have the TOPICAL past paper questions for A2 economics for easier revision. It would be of great help.
Ok dear will try to do it fastplease upload oct/nov 2013 9708/32 answers.
u have uploaded paper 12 answers but u did not uploaded paper 32 answers.
please upload it as soon as possible
sir if u have the papers then please make it a little quick if possibleOk dear will try to do it fast
OK DEARsir if u have the papers then please make it a little quick if possible
thanks
best regards
Mr. Qamar are your books available in india?Ok dear will try to do it fast
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