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If < Then

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


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.

Correct Answer:

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