| dc.date.accessioned | 2021-04-20T01:51:31Z | |
| dc.date.available | 2021-04-20T01:51:31Z | |
| dc.date.issued | 2020-08-31 | |
| dc.identifier.uri | http://repository.umy.ac.id/handle/123456789/36262 | |
| dc.description.abstract | Market efficiency is achieved when the allocation of resources maximizes total surplus. A social planner might also care about equity – the fairness of the distribution of well-being among the various buyers and sellers. Free markets allocate the supply of goods to the buyers who value them most highly. Free markets allocate the demand for goods to the sellers who can produce them at least cost. Free markets produce the quantity of goods that maximizes the sum of consumer and producer surplus. | en_US |
| dc.description.sponsorship | Universitas Muhammadiyah Yogyakarta | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Universitas Muhammadiyah Yogyakarta | en_US |
| dc.subject | Efficiency; Market | en_US |
| dc.title | Microeconomics: Consumers Producers and Efficiency of Markets: | en_US |
| dc.type | Video | en_US |
