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Economics

According to the equilibrium principle, a. unregulated markets tend to reach equilibrium prices and quantities without government regulation. b. once a market has reached equilibrium, price will not change. c. collective action cannot improve on individual action. d. market equilibrium exploits all opportunities for individual gain, but may not exploit gains possible through collective action.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707182

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