Question: 26 Is the allocation efficient? Is the allocation fair? A winter storm cuts the power supply and isolates a small town in the mountains. The

26 Is the allocation efficient? Is the allocation fair? A winter storm cuts the power supply and isolates a small town in the mountains. The people rush to buy candles from the town store, which is the only source of candles. The store owner decides to ration the candles to one per family but to keep the price of a candle unchanged.

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