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Llanis Llanis
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6 years ago
Any competitive equilibrium is Pareto efficient because, with a competitive equilibrium
A) the marginal rates of substitution are equal for all consumers.
B) the price line is the contract curve.
C) mutual gains from trade exist.
D) the slope of the price line equals the ratio of the MRS for all consumers.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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#1
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6 years ago
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Llanis Author
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6 years ago
You make an excellent tutor!
ouasfoudgewu
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Yesterday
Thank you, thank you, thank you!
Liarec
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2 hours ago
Correct Slight Smile TY
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