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From course:

Economics A Level (DONEEEEEEE)

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Question:

Why does Static Efficiency occur in PC Markets?

Author: eric_galvao



Answer:

-This happens when Allocative and Productive Efficiency are both Sustained at a Point. -This isn’t always good and it has to Change. Trucks made before WW2 may have been Static Efficient now, but was Completely Out of Date at the end of WW2


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