Examlex
The two efficiencies included at the point of achieving total efficiency are:
Supply Elasticity
A measure of how much the quantity supplied of a good changes in response to a change in its price.
Buying Price
The cost at which an individual or organization is able to purchase a good, service, or asset.
Oligopsony
Market with only a few buyers.
Buying Price
The price at which a good or service is purchased by a consumer or another business.
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