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Most efficient technology at the lowest price

When all goods are produced in highly competitive markets as well as there are no externalities, goods tend to be manufactured: (i) relatively inefficiently. (ii) along with the most efficient technology at the lowest price. (iii) along with maximum positive externalities. (iv) and distributed in ways uniformly viewed as equitable. (v) privately and distributed by the government.

Can someone explain/help me with best solution about problem of Economics...

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