Peanut butter & chips. Recall that to improve its food allocation, Feeding America has established an internal market where local food banks are given a budget of fake money (called "Shares") proportional to their underlying needs, and are asked to compete via internal auctions for the food items that have been donated to HQ. In what sense does this auction implement the Golden Rule? Is this rule violated when prices turn out to be negative? Explain your answers

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The auction system implemented by Feeding America where local food banks are given a budget of Share... View the full answer