INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Elasticity, Government Policies and Market Efficiency soru detayı:

PAYLAŞ:

SORU:

Define the term market efficiency.


CEVAP:

Efficiency is the property of a resource allocation of maximizing the total surplus received by the society.