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Perfect competition is efficient in the long run because price marginal cost and firms are producing at minimum?

Perfect competition is efficient in the long run because price _____ marginal cost and firms are producing at minimum _____.


Barter economy is more efficient than present money economy?

No. A barter economy is less efficient than the current system. A barter system relies on individuals having a double coincidence of wants where each person wants the exact opposite thing that someone else is willing to sell at that particular time. So, people who needed certain things that weren't on the market were out of luck. Also, the barter economy has a flaw in the indivisibility of products. This means certain large expensive items such as tractors were not able to be divided equally to make necessary exchanges for smaller ticket items. The present money economy makes trade more efficient.


Why is china getting richer?

Because they were very poor when they were a largely isolated and centrally planned economy.Trade provides opportunities for value creation not present in isolation.The rise of non-governmental enterprise has provided more efficient exploitation of human energy and natural resources


Cars manufactured in Italy?

Current major manufacturers Alfa Romeo (1910–present) Ferrari (1947–present) Fiat (1899–present) Lamborghini (1963–present) Lancia (1906–present) Maserati (1914–present) Pagani (1992–present) Other current manufacturers Abarth (1949–present) Casalini (1969–present) Centenari (1991–present) Covini (1978–present) Dallara (1972-present) DR (2006–present) Effedi (1979–present) Italdesign Giugiaro (1968-present) Manifattura Automobili Torino (2014-present) Faralli & Mazzanti (2006–present) Giottiline (2006–present) Martin (1990–2015) Mazzanti (2002–present) Picchio (1989–present) Pininfarina (1930-present) Soleil (2011–present) Spada (2008–present) Reference - Wikipedia


What is the present tense of export?

Export is already in the present tense.

Related Questions

What was the effect of the Supreme Court decision described in this headline?

police were required to inform suspects of their right to remain silent and have a lawyer present during questioning the decision established the clear and present danger test judging free speech


What are the present characteristics of good slides?

the good characteristics of paper


Are lawyers required to present certification when asked to?

Yes, lawyers are required to present certification when asked to.


Where are the applicable portions of the SOP required to be present?

Where are the applicable portions of the SOP required to be present with ammunition


Where are the application portions of the sop required to be present?

Where are the applicable portions of the SOP required to be present with ammunition


Are you required to present identification when voting in an election in Montana?

You are not required to present identification when voting in an election in Montana.


Are you required to present identification when voting in an election in Utah?

No, you are not required to present identification when voting in an election in Utah.


Are both parents required to be present when applying for a passport?

No, both parents are not required to be present when applying for a passport.


Are you required to present identification when voting in an election in Texas?

Yes, you are required to present identification when voting in an election in Texas.


Data communication for signal characteristics?

past present and emerging developments in signal characteristics?


Are you required to present identification when voting in an election in South Carolina?

No, you are not required to present identification when voting in an election in South Carolina.


Are you required to present identification when voting in an election in New Hampshire?

Voters are not required until 2015 to present identification when voting in an election in New Hampshire.