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question 40

Multiple Choice

If If   <   then A)  the competitive equilibrium is Pareto optimal. B)  the firm can benefit by producing more of good a. C)  there is a competitive equilibrium in the SOE without trade. D)  the firm can benefit by producing more of good b. E)  the firm can benefit by producing more of both a and b. < If   <   then A)  the competitive equilibrium is Pareto optimal. B)  the firm can benefit by producing more of good a. C)  there is a competitive equilibrium in the SOE without trade. D)  the firm can benefit by producing more of good b. E)  the firm can benefit by producing more of both a and b. then


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