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ECO - Explain how each of the following might interfere with exchange efficiency

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Question

Question;Explain how each of the following might interfere with exchange efficiency.;(a) Airlines that limit the number of seats they sell at a discount price;(b) Doctors who charge poor patients less than rich patients;(c) Firms that give volume discounts In each case, what additional trades might be possible?

 

Paper#57560 | Written in 18-Jul-2015

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