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Author Question: Discuss the inefficiencies created by a price floor. What will be an ideal ... (Read 125 times)

Evvie72

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on: Jun 29, 2018
Discuss the inefficiencies created by a price floor.
 
  What will be an ideal response?

Question 2

John's utility of wealth curve is shown in the above figure. He currently has wealth of 20,000 and there is a 10 percent chance of losing it all. John is
 
  A) willing to pay any price for insurance.
  B) willing to pay no more than 2,000 for insurance.
  C) willing to pay no more than 3,000 for insurance.
  D) willing to pay 5,000 for insurance.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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whitcassie

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Reply #1 on: Jun 29, 2018
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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Evvie72

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

hramirez205

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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