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Answer to Question #94809 in Microeconomics for Sam

Question #94809
with the diagram how will i spot the welfare effects?
1
Expert's answer
2019-09-23T08:58:23-0400

Welfare economics focuses on the optimal allocation of resources and goods and how the allocation of these resources affects social welfare. It looks at the distribution of resources and how it affects an economy's overall sense of well-being.


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