Refer to Figure 7-1. Under autarky, the equilibrium price is

A steady-state equilibrium refers to:

A) an equilibrium in which the stock of physical capital remains constant over time. B) an equilibrium in which the inequality remains constant over time. C) an equilibrium in which the GDP per capita remains constant over time. D) an equilibrium in which the poverty rate remains constant over time.

What is the relationship between the marginal social benefit curve and the market demand curve. Explain

What will be an ideal response?