February 20, 2017

Homework Help: managerial economics

Posted by Bobby on Tuesday, October 20, 2009 at 2:05pm.

How does a price ceilng undermine the rationing function of market-determined prices? How could rationing coupons insure that cnsumers with the highest values get the limited amount of a good supplied when government price ceilings create shortages? Fully explain your answer based upon demand, supply an market equilibrium.

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