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Consider a perfectly competitive free market with perfect information. Based on the micro theory we have learned so far, will the consumers with the highest
Consider a perfectly competitive free market with perfect information. Based on the micro theory we have learned so far, will the consumers with the highest willingness to pay be the ones who obtain the good? Choice 1 of 3:yes Choice 2 of 3:no Choice 3 of 3:depends
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
