Multiple Choice
In an Edgeworth exchange box diagram,if the two consumers' indifference curves intersect at point A,then:
A) point A is on the contract curve.
B) the consumers' MRSs' differ.
C) voluntary exchange will not change the distribution of goods between consumers.
D) the contract curve is convex to the origin.
Correct Answer:
Verified
Correct Answer:
Verified
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