Perfect Competition and Economic Efficiency
- Levels: A Level
- Exam boards: AQA, Edexcel, OCR, IB
In this short topic video we look at whether perfect competition leads to outcomes that are economically efficient?
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- Economics
- Student videos
- Perfect competition
- Dynamic efficiency
- Economic Efficiency
- Allocative efficiency
- Pareto efficiency
- Productive efficiency
Geoff Riley
Geoff Riley FRSA has been teaching Economics for nearly thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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