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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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7 years ago
The government imposes a price ceiling on gasoline 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 only on weekdays.
B) using rationing coupons that cannot be resold.
C) using rationing coupons that can be resold.
D) using rationing on a first-come, first-served basis.
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DeToXiFYDeToXiFY
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7 years ago
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Ryanteck Author
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7 years ago
Smart ... Thanks!
joyceess
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This site is awesome
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2 hours ago
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