If Each of the Two Players Represented in an Edgeworth

question 24

Multiple Choice

If each of the two players represented in an Edgeworth box has Cobb-Douglas indifference curves, then the contract curve will be:

• A)The vertical axis.
• B)the diagonal line that begins at the opposite corners of the two players' origins and divides the box into two equal triangles.
• C)the series of tangency points where the two players' indifference curves have but one point in common.
• D)the horizontal axis.

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