What is the difference between willingness to accept and willingness to pay? For a trade to take

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What is the difference between willingness to accept and willingness to pay? For a trade to take place, does the willingness to accept have to be lower, higher, or equal to the willingness to pay?

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Economics

ISBN: 287201

6th Global Edition

Authors: Daron Acemoglu, David Laibson, John A. List

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Question Posted: Nov 18, 2024 01:00 AM

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What is the difference between willingness to accept and willingness to pay? For a trade to take

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Economics

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