Solved: How perfectly competitive markets use resources, Macroeconomics

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How perfectly competitive markets use resources

Question:

Efficiency is a hot topic in the media regarding transportation, energy, and many other industries. Explain how perfectly competitive markets use or do not use resources efficiently.

PLEASE USE ANY CITATION, EXCEPT WIKIPEDIA, ENCARTA, OR WORLD BOOK

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Macroeconomics: How perfectly competitive markets use resources

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Macroeconomics: How perfectly competitive markets use resources

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