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pirex pirex
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Posts: 634
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6 years ago
If only two people are trading their endowments and no production is possible, then the equilibrium they reach will
A) be on their contract curve.
B) result in unequal marginal rates of substitution for the two people.
C) result in one person being worse off than with his or her endowment.
D) All of the above.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 51 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
Posts: 404
Rep: 2 0
6 years ago
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pirex Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mcb
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Yesterday
Helped a lot
elizabetheldrid
wrote...

2 hours ago
Smart ... Thanks!
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