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Suppose that one must divide $1,000 among 100 students. Which divisions are efficient?

A) Any division of the money is efficient

B) The efficient division is to give each student $10

C) The efficient division is to give all of the money to one student

D) The efficient division is to divide the money so each student is equally happy

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91238385

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