Documents EFFICIENCY AND EQUITY 5 CHAPTER. Objectives After studying this chapter, you will able to Define...

Slide 1EFFICIENCY AND EQUITY 5 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Define efficiency Distinguish between value and price and define consumer…

Documents © Pearson Education, 2005 Efficiency and Markets LUBS1940: Topic 3.

Slide 1 © Pearson Education, 2005 Efficiency and Markets LUBS1940: Topic 3 Slide 2 Objectives © Pearson Education, 2005 After studying this topic, you will able to: …

Documents EFFICIENCY AND EQUITY

EFFICIENCY AND EQUITY 5 CHAPTER Objectives After studying this chapter, you will able to Define efficiency Distinguish between value and price and define consumer surplus…