Gains from trade will be possible as long as

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Gains from trade will be possible as long as

Gains from trade will be possible as long as
A) people have different endowments.
B) people place different values on some goods.
C) marginal rates of substitution are equal across individuals.
D) excess supply equals excess demand.

Textbook

Microeconomics

Edition: 6^th

Author: Perloff

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