Suppose an agreed upon contract is impossible. The example is referring to purchasing a Coke. Well suppose

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Suppose an agreed upon contract is impossible. The example is referring to purchasing a Coke. Well suppose the store only sells Pepsi. Yet both parties agreed upon buying/selling a Coke. What happens next?

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Microeconomics

ISBN: 978-1429283434

3rd edition

Authors: Paul Krugman, Robin Wells

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Posted Date: Mar 30, 2024 07:27 AM

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Suppose an agreed upon contract is impossible. The example is referring to purchasing a Coke. Well suppose

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In this scenario the contract becomes impossible to perform because the key term sellingbuying a Cok... View the full answer

Microeconomics

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