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MrsAngelD MrsAngelD
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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: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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#1
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6 years ago
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MrsAngelD Author
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6 years ago
This helped my grade so much Perfect
Ctownsend
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Smart ... Thanks!
tcat
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2 hours ago
This site is awesome
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