When Considering Trade of Two Goods Between Two People,if One

question 51

Multiple Choice

When considering trade of two goods between two people,if one person has all the endowment of both goods,this allocation

• A) is never on a contract curve.
• B) will result in trade so each person has all of one good.
• C) will result in trade to a equal division of goods between the two people.
• D) is Pareto efficient.

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