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  3. Study Set
    Principles of Microeconomics
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    Exam 12: General Equilibrium and the Efficiency of Perfect Competition
  5. Question
    Efficiency Is the Condition in Which the Economy Is Producing
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Efficiency Is the Condition in Which the Economy Is Producing

Question 19

Question 19

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Efficiency is the condition in which the economy is producing what people want at the least possible cost.

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