Question: Some resource allocation mechanisms are more efficient than others. Hence, some are more beneficial to the households and firms than others. Hence, each student should
Some resource allocation mechanisms are more efficient than others. Hence, some are more beneficial to the households and firms than others.
Hence, each student should put forward an argument in support of which of the resource allocation mechanism is most efficient. This argument should contain atleast four (4) clear reasons as to why the mechanism chosen by you is the most efficient.
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