What factor determines how value or surplus is distributed among different economic actors in a market? A.0

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What factor determines how value or surplus is distributed among different economic actors in a market?

A.0 The incomes they start with (i.e., their "initial endowments")

B.0 How innovative they are (for example, their productivity or efficiency)

C.0 The particular allocation mechanism (for example, prices versus queues versus lotteries)

D.0 The shape and slope of demand/supply curves E.0 All of the above

Related Book For answer-question

Organic Chemistry

ISBN: 978-0321768414

8th edition

Authors: L. G. Wade Jr.

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Posted Date: Feb 01, 2024 12:00 AM

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What factor determines how value or surplus is distributed among different economic actors in a market? A.0

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The detailed answer for the above question is provided below E All of the above The dist... View the full answer

Organic Chemistry

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