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“Long lines are an inefficient rationing mechanism because they waste buyers’ time, and discrimination according to...

“Long lines are an inefficient rationing mechanism because they waste buyers’ time, and discrimination according to seller bias is an inefficient rationing mechanism because the good does not necessarily go to the buyer who values it most highly.”

Write a paragraph explaining whether you agree or not with this statement.

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Answer #1

Anguer, I agree that the statement In an efficient allocation , good and sorvices go. the consumers who need them the moust.i

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