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In an economy in which decisions are guided by prices and individual self-interest, there is:.

Sagot :

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In an economy in which decisions are guided by prices and individual self-interest, there is the potential to achieve production efficiency.

What is production efficiency?

This has to do with that maximum capacity that exists where production would not be able to take [place without lowering the production capacity of others.

This is the stage where self interest may come in and people make their decisions based on the price in the market.

Read more on production efficiency here:

https://brainly.com/question/20389675

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