In the Long-Run Competitive Equilibrium Model, Capital Is Allocated in the Most

question 88

True/False

In the long-run competitive equilibrium model, capital is allocated in the most efficient manner.

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Definitions:

Epiglottis

A leaf-shaped flap of cartilage located at the root of the tongue that prevents food and liquid from entering the windpipe during swallowing.

Pandemic

A widespread occurrence of an illness across a large region affecting a significantly large portion of the population.

Epidemic

A disease affecting large numbers of individuals in a population.

Infection

The infiltration and proliferation of germs like bacteria, viruses, and parasites, which are typically absent from the body.