What are the necessary conditions for economic efficiency, Microeconomics

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What are the necessary conditions for economic efficiency

Problem

What are the necessary conditions for economic efficiency? In what four situations might a market fail to achieve ideal economic efficiency?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What are the necessary conditions for economic efficiency

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