A Core Curve Is a Curve in the Edgeworth Box

question 23

True/False

A core curve is a curve in the Edgeworth box that traces out all the efficient trades.

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Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, especially the arrangement of words and phrases.

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Syntax

The arrangement of words and phrases to create well-formed sentences in a language.

Linguistic Relativity

The hypothesis that the structure of a language affects its speakers' world view or cognition, and thus people's perceptions are relative to their spoken language.