MyLab Economics with Pearson eText -- Access Card -- for Microeconomics
MyLab Economics with Pearson eText -- Access Card -- for Microeconomics
2nd Edition
ISBN: 9780134519517
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 4, Problem 10Q
To determine

Explain the ineffective method of fixed price to distribute laptops and suggest alternate ways of selling.

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Students have asked these similar questions
True or False: If price were outlawed as the rationing device (used in markets), there would be no need for another rationing device to take its place. We would have reached utopia
Explain what the rationing problem is, and one strategy for dealing with it.
Is introducing a minimum price a better way of reducing consumption than trying to change peoples’ attitudes?
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