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Author Question: The government imposes a price floor on wheat that is below the market price. You are asked to ... (Read 101 times)

littleanan

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on: Apr 19, 2019

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


◦ using rationing coupons that cannot be resold.
◦ using rationing coupons that can be resold.
◦ using a queuing system to compensate for the excess demand.
◦ that no rationing system will be necessary.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by littleanan on Apr 19, 2019

Briannahope

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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littleanan

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Reply #2 on: Apr 19, 2019
Thank you!


Briannahope

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Reply #3 on: Apr 19, 2019
Always glad to help...


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