Economist Avinash Dixit of Princeton once wrote, Never have I arrived at a coffee shop only to
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Economist Avinash Dixit of Princeton once wrote, “Never have I arrived at a coffee shop only to be told, ‘Sorry; we don’t have coffee today.’ . . . How did they know I would come and why were they ready and willing to serve me?” Briefly answer his question.
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Avinash Dixits statement is meant to illustrate the efficient functioning of markets The reason he h...View the full answer
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