If firms are producing efficiently, but consumers can reallocate goods
If firms are producing efficiently, but consumers can reallocate goods amongst themselves,
A) the equilibrium is not efficient.
B) the equilibrium is efficient.
C) the consumers are behaving irrationally.
D) the firms are too greedy.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.