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Other Fields Homework Help Economics Topic started by: NYC on Jan 12, 2016



Title: The government imposes a price floor on wheat that is below the market price. You are asked to sugge
Post by: NYC on Jan 12, 2016
The government imposes a price floor on wheat that is below the market price. You are asked to suggest a rationing scheme that will minimize the misallocation of resources. You suggest:
A) using rationing coupons that cannot be resold.
B) that no rationing system will be necessary.
C) using rationing coupons that can be resold.
D) using rationing coupons that can be resold.


Title: Re: The government imposes a price floor on wheat that is below the market price. You are asked to s
Post by: Jesslyn on Jan 23, 2016
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Title: Re: The government imposes a price floor on wheat that is below the market price. You are asked to sugge
Post by: NYC on Jan 28, 2016
I was thinking the same, thank you