Environmental Sciences, asked by abhinavkr4518, 1 year ago

In three or four sentences, explain the relationship between the equilibrium price and efficiency.

Answers

Answered by anvi91

EQUILIBRIUM PRICES.....
.

The equilibrium price is market price where the quantity of goods supplied in equal to the quantity of good demand ....

EFFICIENCY........

The comparison of what is actually produce or performed with what can we achieve with same consumption...

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