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10 cards from this deck
Govt interventions to improve efficiency of firms & industries
Improving production capabilities, not managing demand
Shifts AS curve rightward
Markets for goods and services that consumers buy
Markets for inputs used in production (labour, capital)
Resources shift to where they are most valued
Maximum output from given quantity of inputs
Ability to shift resources between industries quickly
Shifts in production pattern due to tech, preferences, etc.
Higher output and lower prices
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