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Under what conditions will space-time be flat?
Economic Efficiency
A measure of how well scarce resources are utilized for producing goods and maximising the satisfaction or utility of consumers.
Market Equilibrium
A condition where the supply and demand in the market equilibrate, leading to stable prices.
Economic Efficiency
The optimal allocation of resources to maximize the production of goods and services, achieved when no further gains can be made without disadvantages.
Economic Action
Activities undertaken by individuals, businesses, or governments to produce, distribute, or consume goods and services within an economy.
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