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Economic Efficiency Through the Price System

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Abstract

We can start with the proposition that society’s aim is to maximise its welfare. Two factors which will influence welfare are: (a) the way society uses its limited resources; and (b) the distribution of income between members of society.

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© 1996 Jack Harvey

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Harvey, J. (1996). Economic Efficiency Through the Price System. In: Urban Land Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-24441-6_1

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