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MrGrimey MrGrimey
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Posts: 336
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6 years ago
When two people trade their initial endowments to a point on the contract curve, only the level of the endowments will determine the new allocation.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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wrote...
6 years ago
False. The respective bargaining abilities will also play a role in determining the final allocation.
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