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Two Individuals,A and B,consume Two Goods, and Consumer

question 9

Multiple Choice

Two individuals,A and B,consume two goods, Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. Consumer A initially has 3 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and 2 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. Consumer B initially has 5 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and 6 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .Also,for Consumer A the Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and for Consumer B the Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .Does this initial allocation of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. represent an efficient allocation?


Definitions:

Common Stock

A type of equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Building

A structure with a roof and walls, such as a house or factory, used for a variety of purposes.

Stock Traded

The buying and selling of company shares or equity securities in financial markets.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, represented in part by capital stock and retained earnings.

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