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In what year did the first training school for nurses open in Canada?
Contract Curve
In economics, the curve that represents the set of Pareto efficient allocations in an Edgeworth Box diagram.
Utility Function
A symbolic depiction illustrating the ranking of preferences a consumer holds across various goods or outcomes.
Edgeworth Box
A diagram used in economics to show the distribution of resources and the potential gains from trade between two individuals in a pure exchange economy.
Contract Curve
The contract curve represents a set of efficient allocations in the Edgeworth Box, where no participant could be made better off without making another participant worse off.
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