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Serhud [2]
3 years ago
6

A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the

concept of:
Business
1 answer:
frozen [14]3 years ago
5 0
A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
<span>Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of  an efficient market.
</span>
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