If There Are Many Equilibrium Allocations, the Agents Will

question 6

Multiple Choice

If there are many equilibrium allocations, the agents will

• A) remain at the no-trade allocation
• B) both voluntarily agree to trade to that allocation
• C) agree on one of these allocations through a process of bargaining

---

Definitions:

Visual Impairments

A loss or reduction of vision that cannot be corrected with standard glasses or contact lenses.

Rubella

A contagious viral infection preventable by vaccine, characterized by a distinctive red rash.

Prophylactic Antibiotics

Preventive antibiotics used to prevent infections before they occur, particularly before surgery or in situations where the risk of infection is high.

Gentamicin

An antibiotic used to treat a variety of bacterial infections, especially those caused by bacteria.