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Suppose again that the Davis farmers market wants to set a quantity standard on this market to ensure the socially optimal level of strawberries I.

Suppose again that the Davis farmers market wants to set a quantity standard on this market to ensure the socially optimal level of strawberries I. What standard should the Davis farmers market set in the case of the monopoly ? 3.4 Risk Suppose Aladdin has utility function U(W) WW Vwao (1) ,W2 vW

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