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Extra Credit : Describe briefly a market in an important product, resource or service in which demand and supply is not mediated through price mechanism. What alternative mechanism is used to allocate the scarce resource or product in this market? [Hint, one such market is for human organs. You cannot legally buy organs by paying for it. And this example is taken now.].

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9477644

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