What is general equilibrium and under what conditions will it be achieved? What are the welfare consequences

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What is general equilibrium and under what conditions will it be achieved? What are the welfare consequences of general equilibrium?

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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Question Posted: Aug 11, 2012 03:08 AM

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What is general equilibrium and under what conditions will it be achieved? What are the welfare consequences

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General equilibrium is the condition in which all markets are in simultaneous ...View the full answer

Law and economics

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