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In Order for a Central Planner to Achieve the Invisible-Hand

Question 173

Multiple Choice

In order for a central planner to achieve the invisible-hand type efficiency of a free market, the planner would


A) need masses of statistics.
B) be required to makes enormous calculations.
C) need to be able to measure a consumer's marginal utility in order to equate MU with MC.
D) All of the above would be required.

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