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    Exam 15: The Invisible Hand and the First Welfare Theorem
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    In a 2-Good Model, If Individuals in a Group All
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In a 2-Good Model, If Individuals in a Group All

Question 24

Question 24

True/False

In a 2-good model, if individuals in a group all have tastes that are quasilinear in good 1, then we can treat the group as if it was a single representative consumer.

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