Discuss in 3 pages (or less) whether markets without frictions are interesting and/or important.

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Learning Goal: I’m working on a economics writing question and need an explanation and answer to help me learn.We have studied the classical theory, or markets without frictions. Discuss in 3 pages (or less) whether markets without frictions are interesting and/or important. There are no right or wrong answers – the idea is simply to tell us some things that you learned.
Requirements: 2 pages and half

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