What is the meaning of competition according to Austrian theory? a. That it is a mechanism that
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Question:
What is the meaning of competition according to Austrian theory?
a. That it is a mechanism that ensures individual welfare growths
b. That it leads to equilibrium
c. That it is a discovery procedure
d. That it is a social welfare generating mechanism
Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
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