Just Price Seminar

Ticket to Talk

Print this ticket, answer the following questions in writing, and hand in your answers at the beginning of class Monday. Don't forget to put your name on your ticket.

 

  1. In Raymond de Roover's opinion, what was the just price usually equivalent to? What led de Roover to this position?
  2. What beneficial purpose does David Friedman argue was served by the just price?