Solved: Explain why the allocation that would occur if consumers, Basic Statistics

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Explain why the allocation that would occur if consumers

1. Why might a large HHI not indicate the presence of market power? Does a low HHI indicate market power?

2. Explain why the allocation that would occur if consumers could costlessly resell a good is the same as the allocation from efficient rationing.

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Basic Statistics: Explain why the allocation that would occur if consumers

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Basic Statistics: Explain why the allocation that would occur if consumers

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