Is Competitive Market efficient in allocating resources? If yes, under what conditions? If not, what are the obstacles?

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Is Competitive Market efficient in allocating resources? If yes, under what conditions? If not, what are the obstacles?

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Is Competitive Market Efficient In Allocating Resources If Yes Under What Conditions If Not What Are The Obstacles 1
Is Competitive Market Efficient In Allocating Resources If Yes Under What Conditions If Not What Are The Obstacles 1 (140.69 KiB) Viewed 13 times
Is Competitive Market efficient in allocating resources? If yes, under what conditions? If not, what are the obstacles? Please give at least three distinct examples of the conditions or obstacles, and briefly explain them. 1 A BI EE%
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