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Textbook Notes for Economics 1010 at University of Lethbridge (UOFL)

UOFLEconomics 1010Pascal GhazalianFall

Economics 1010 Chapter Notes - Chapter 5: Competitive Equilibrium, Avoidance Speech, Deadweight Loss

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An efficient allocation of resources occurs when we produce the goods and services that people value the most highly. Resources are allocated efficient
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