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Economic Efficiency - Dynamic Efficiency I A Level and IB Economics

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tutor2u

tutor2u

Күн бұрын

Пікірлер: 4
@tutor2u-official
@tutor2u-official 3 жыл бұрын
We have some great free study resource collections for A level Economics and IB Economics - click here www.tutor2u.net/economics/collections
@wu1989
@wu1989 Жыл бұрын
Hi sir, could you send the link to that speech you mentioned in the video? thank you!
@MushyZerG
@MushyZerG 2 жыл бұрын
How is this related to monopolies ?
@tutor2u-official
@tutor2u-official 2 жыл бұрын
Monopolies may lack dynamic efficiency if they don't have strong day-to-day competition. But on the other hand, they make high profits which can be used to finance research and development. This helps ti promote innovation which is a key feature of dynamic efficiency.
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