Why was a fixed price of $50 not the best way of allocating used laptops? Suggest other

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Why was a fixed price of $50 not the best way of allocating used laptops? Suggest other possible ways of distributing the laptops that would be efficient.

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 07:47 AM

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Why was a fixed price of $50 not the best way of allocating used laptops? Suggest other

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At the price of 50 the quantity of laptops demanded far exceeded the quant...View the full answer

Microeconomics

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