Business, 12.12.2019 01:31, simegustachocolate
Which statement provides an explanation for tariffs decreasing market efficiency? select one:
a. prices are not equal to the equilibrium price.
b. the supply of goods is not purchased by the buyers with the highest willingness to pay.
c. the supply of goods is not produced by the lowest-cost suppliers.
d. deadweight loss is equal to zero.
Answers: 3
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Which statement provides an explanation for tariffs decreasing market efficiency? select one:
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