lucinda01
lucinda01 lucinda01
  • 27-05-2021
  • Business
contestada

difference between partial equilibrium and general equilibrium in the simplest form​

Respuesta :

queensland100
queensland100 queensland100
  • 27-05-2021

Answer:

In a partial equilibrium model, you are ignoring feedback that may result from related markets. ... Normally, in a general equilibrium model, the equilibrium quantities and prices in all markets are endogenous.

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