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    Exam 16: General Equilibrium
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    In the Edgeworth Box, We Can Set One Price to 1
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In the Edgeworth Box, We Can Set One Price to 1

Question 3

Question 3

True/False

In the Edgeworth Box, we can set one price to 1 and only need to solve for the other price because only relative prices matter for individual choice when income is drawn from endowments.

Correct Answer:

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