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Gk question on In a perfectly competitive economy production and consumption......

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In a perfectly competitive economy production and consumption will both be Pareto optimal, if the economy operates at a point where.

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In a perfectly competitive economy production and consumption will both be Pareto optimal, if the economy operates at a point where. A. there is general equilibrium B. output levels are below equilibrium C. output levels are above equilibrium D. consumption is less than output Check Answer Complaint Here As Incorrect Question / Answer

Related Questions If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be A. negative B. larger than government income C. zero D. equal to government income Check Answer Complaint Here As Incorrect Question / Answer In which of the following types of economy are the factors of production owned individually? A. Capitalist B. Socialist C. Mixed D. Both 'a' and 'b' Check Answer Complaint Here As Incorrect Question / Answer Which of the following types of economy are the factors of production owned individually? A. Capitalist B. Socialist C. Mixed D. Both 'a' and 'b' Check Answer Complaint Here As Incorrect Question / Answer In which of the following types of economy are the factors of Production owned individually ? A. Capitalist B. Socialist C. Mixed D. Both 'a' and 'b' Check Answer Complaint Here As Incorrect Question / Answer As the Indian economy develops, the share of agriculture in the GDP has been on decline, touching around 18% now. Still agriculture is an important in the economy of the country because A. India has traditionally been an agricultural economy B. agriculture produces raw material for industries C. agriculture sector is heavily subsidised D. it employs more than 50% of the people directly Check Answer Complaint Here As Incorrect Question / Answer

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