If the Endowment Allocation in an Edgeworth Box Is Efficient

question 20

True/False

If the endowment allocation in an Edgeworth Box is efficient, then this allocation is also the competitive equilibrium allocation.

---

Definitions:

Maturation

Physical development of the brain and body that prepares an infant for voluntary movement, such as rolling over, sitting, and walking.

Sensorimotor Development

The stage in early childhood development where a child starts to master physical functions, including movement and sensory input.

Prenatal Development

The process of growth and development within the womb, from conception to birth.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed (seen, heard, touched, smelled, or sensed in any way).