Which of the Following Is True of Contract Curves

question 31

Multiple Choice

Which of the following is true of contract curves?

• A)Every point on the contract curve indicates an inefficient distribution of goods among consumers.
• B)At any point on the contract curve,all the consumers have equal marginal rates of substitution.
• C)A movement along the contract curve indicates that,any trade that benefits one person will necessarily benefit the other.
• D)At every point on the contract curve,the marginal utility derived from the consumption of a good is identical for all the consumers.

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Definitions:

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing baby while removing waste products from the baby's blood.

Amniotic Fluid

The protective liquid contained within the amniotic sac of a pregnant female, surrounding and cushioning the fetus during development.

Maternal Wastes

Biological and chemical substances eliminated by the mother's body, often referred to in the context of pregnancy and its impact on fetal development.

Fertilized Egg

The cell resulting from the union of a sperm and an ovum, marking the beginning of a new organism's development.