In an Edgeworth Box Diagram,showing the Distribution of Two Goods

question 31

Multiple Choice

In an Edgeworth Box diagram,showing the distribution of two goods among two individuals:

• A)there is one unique efficient point.
• B)there are many possible efficient points.
• C)if trade occurs among points along the contract curve it will leave both individuals better off.
• D)every point of intersection between the two individuals' indifference curves is efficient.

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PET

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