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Author Question: The above figure depicts the Edgeworth box for two individuals, Al and Bruce. Part of the contract ... (Read 361 times)

Kthamas

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on: Jun 18, 2019


The above figure depicts the Edgeworth box for two individuals, Al and Bruce. Part of the contract curve can be found by connecting points
◦ a and b.
◦ c and d.
◦ a and c.
◦ b and d.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by Kthamas on Jun 18, 2019

at

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Reply #1 on: Jun 18, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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haleyc112

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Reply #2 on: Jun 18, 2019


The above figure depicts the Edgeworth box for two individuals, Al and Bruce. Points a and b
◦ are least likely to reflect the final allocations after trading.
◦ are equally likely to reflect the final allocations after trading than other points on the contract curve.
◦ are definitely not the final allocations after trading.
◦ are most likely to reflect the final allocations after trading.


thall411

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Reply #3 on: Jun 18, 2019
are definitely not the final allocations after trading.


haleyc112

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Reply #4 on: Jun 18, 2019
TY


thall411

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Reply #5 on: Jun 18, 2019
You're welcome


Lisaclaire

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Reply #6 on: Jun 18, 2019


The above figure depicts the Edgeworth box for two individuals, Al and Bruce. If the endowment is at point a, and trade is possible, which of the following points are possible equilibria?
◦ c and d
◦ a and b
◦ a and c
◦ b and d


kmb352

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Reply #7 on: Jun 18, 2019
c and d


acc299

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Reply #8 on: Jun 18, 2019


The above figure depicts the Edgeworth box for two individuals, Al and Bruce. Considering only the labeled points, point c is a possible equilibrium
◦ only if point a is the endowment.
◦ only if point d is the endowment.
◦ if either point a or b is the endowment.
◦ only if it is the endowment.


hanadaa

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Reply #9 on: Jun 18, 2019
if either point a or b is the endowment.


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