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Suppose you are an American student and you are about to obtain your MBA and start looking for a job. An economist would say that
Suppose you are an American student and you are about to obtain your MBA and start looking for a job. An economist would say that you are about to enter the job market. Compare this market with the tin market that is described in the text. Is the job market for MBAs also an example of an ideal market? Is price a sufficient statistic for this market? Discuss the latter question from the point of view of both employers and those seeking employment.
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