In a Many- Person Exchange Economy, Given All the Relevant

question 35

Multiple Choice

In a many- person exchange economy, given all the relevant assumptions, an allocation is Pareto- optimal if:

• A)it does not belong to the contract curve.
• B)there are allocation strictly preferred by all persons.
• C)the MRS are identical for all individuals.
• D)the indifference curves are not tangent in that point.

---

Definitions:

Phase Conductors

The wires or cables in an electrical system that carry the alternating current between the source and the load, in one or more phases.

Neutral Conductor

A conductor that carries current back to the source in electrical systems and is at a potential of zero volts.

Sequence

An ordered collection of objects or events that follow a specific pattern or arrangement.

Harmonic

A sinusoidal component of a periodic wave or quantity having a frequency that is an integral multiple of the fundamental frequency.