If price were outlawed as the rationing device (used in markets), there would be no need for

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“If price were outlawed as the rationing device (used in markets), there would be no need for another rationing device to take its place. We would have reached utopia.” Discuss.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:06 AM

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If price were outlawed as the rationing device (used in markets), there would be no need for

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This statement is false As a result of scarc...View the full answer

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