Allocative efficiency where p mc is most likely to occur


Allocative efficiency (where P = MC) is most likely to occur under which of the following type of market structures?

1. Pure price discriminating auction.

2. Collusion.

3. Duopoly.

4. Monopolistic Competition.

5. Oligopoly.

6. Cartel.

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Business Economics: Allocative efficiency where p mc is most likely to occur
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