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.

---

Definitions:

Plasticity

A characteristic of development refers to malleability or openness to change in response to experience.

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, leading to blurred vision and, eventually, blindness if untreated.

Artificial Lens

A synthetic lens implanted in the eye to replace or augment the eye's natural lens often used to correct vision impairments.

Laser Technology

The use and application of lasers, which are devices that emit light through a process of optical amplification based on the stimulated emission of electromagnetic radiation.