A perfectly competitive system results in an efficient allocation of resources among firms and an equal distribution of final products among households.

Answer the following statement true (T) or false (F)

False

Economics

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The natural rate of unemployment is fixed and unchanging

Indicate whether the statement is true or false

Economics

Refer to Table 10-7. What is Antonio's marginal utility from consuming the fifth beer?

A) 4 utils B) 13.6 utils C) 69 utils D) 134 utils

Economics