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MATCHING
-a mechanism for managing transmissions in a piconet
Efficient Allocations
An economic condition where resources are distributed in the most effective manner, allowing for the optimization of outputs from given inputs without waste.
Contract Curve
In economics, it represents the locus of points indicating the optimal distribution of resources between parties in an Edgeworth box diagram.
Indifference Curve
A graph showing combinations of two goods that give a consumer equal satisfaction and utility.
Efficient Allocation
The optimal distribution of resources and goods to maximize the net benefit or welfare within an economy.
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