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Even then the market clears. The equilibrium under H1 is different than without H1 but there's still an equilibrium.
by alexanderstears 9y ago
Even then the market clears. The equilibrium under H1 is different than without H1 but there's still an equilibrium.
- WalterSear 9y agoI'm not sure what your point is: that it is the preferable state of affairs simply because it has found stability?