Examlex
Which of the following is an external force that would cause a company to make an organisational change?
Efficient Equilibrium
A state in which resources are allocated in the most efficient manner, leaving no potential for reallocating resources to make someone better off without making someone else worse off.
Government
A system or group of people governing an organized community, often a state, and set policies, laws, and regulations.
Private Markets
Markets where transactions occur directly between parties without significant regulatory oversight, often avoiding public exchanges.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be consumed by anyone and one person’s consumption doesn’t reduce availability to others.
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