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pirex pirex
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6 years ago
Robinson starts out with 10 lobsters and 5 coconuts. Friday starts out with 10 lobsters and 15 coconuts. After trading, Robinson ends up with 8 lobsters and 10 coconuts. Robinson feels neither better nor worse off than when he started but cannot get Friday to agree to any more trades. Friday feels better off than when he started. Draw the Edgeworth box consistent with this story.
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Microeconomics

Microeconomics


Edition: 6th
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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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LBCeaLBCea
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6 years ago
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pirex Author
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6 years ago
Thanks
vernonb
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Yesterday
This helped my grade so much Perfect
Gorgio_De
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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