Multiple Choice
When considering trade of two goods between two people,if one person has all the endowment of both goods,this allocation
A) is never on a contract curve.
B) will result in trade so each person has all of one good.
C) will result in trade to a equal division of goods between the two people.
D) is Pareto efficient.
Correct Answer:
Verified
Correct Answer:
Verified
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