The Input Contract Curve Represents

question 15

Multiple Choice

The input contract curve represents:

• A)All consumption good allocations in an Edgeworth box that are exchange efficient.
• B)all input allocations in an Edgeworth box for inputs that are economically efficient.
• C)All possible combinations of consumption goods that can be produced in an economy given the economy's available supply of inputs.
• D)the different combinations of capital and labor inputs that will produce a given level of output for a particular good.

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Definitions:

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