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Author Question: In an Edgeworth box, all points of efficiency occur at the A) intersections of the indifference ... (Read 61 times)

Themember4

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on: Jul 1, 2018
In an Edgeworth box, all points of efficiency occur at the
 
  A) intersections of the indifference curves.
  B) the points of tangency between the sets of indifference curves.
  C) in the midpoint of the diagram.
  D) at any point other than the intersections of the indifference curves.

Question 2

In the ________, one firm sets its output first, and then a second firm, after observing the first firm's output, makes its output decision.
 
  A) Cournot model
  B) model of monopolistic competition
  C) Bertrand model
  D) kinked-demand model
  E) none of the above


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abctaiwan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

E


Themember4

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Reply 2 on: Jul 1, 2018
Wow, this really help

pangili4

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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