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Material Detail

The Price Is Right: Communicating the Free Market

The Price Is Right: Communicating the Free Market

Why does your iPhone cost $200.00? Why is the price of gas so volatile? What gives Uber the right to enact “surge pricing”? Join professors like Mike Munger of Duke University and Matt Zwolinski of the University of San Diego and learn how prices regulate and organize the free market.

Keywords:
microeconomics, efficiency, price gouging, invisible hand, knowledge problem, pigou, resources, demand, middle men, philosophy, economics, organ markets, radford, trade, price control, exchange, market failure, price ceiling, price system, externality, emergency, supply, debate, free market, prostitution, though experiment, incentives, minimum wage, price floor, prices
Disciplines:
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More about this material

Material Type:
Online Course Module
Date Added to MERLOT:
April 12, 2018
Date Modified in MERLOT:
November 1, 2022
Author:
Unknown (Know the author?)
Submitter:
Emmy Simkiss
Primary Audience:
College General Ed, College Lower Division, College Upper Division
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Accessibility Information Available:
Unknown
Creative Commons:
Unknown

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