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The Figure Given Below Shows the Aggregate Demand and Supply

question 108

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The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7    -Economic efficiency is achieved when the price of a unit of a commodity is equal to the marginal cost of producing that unit.
-Economic efficiency is achieved when the price of a unit of a commodity is equal to the marginal cost of producing that unit.


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