Aplia, 1 Term Printed Access Card For Arnold's Microeconomics, 13th
Aplia, 1 Term Printed Access Card For Arnold's Microeconomics, 13th
13th Edition
ISBN: 9781337621618
Author: Arnold
Publisher: CENGAGE L
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Chapter 9, Problem 11QP
To determine

Explain why people study the theory of perfect competition if its assumptions do not satisfy the real-world market.

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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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