Multiple Choice
Trade between two consumers will continue until it is no longer mutually beneficial.This does not imply that the final outcome will be a unique equilibrium because _____.
A) the exchange is not competitive
B) the consumers are both price takers
C) the Pareto optimality condition is not satisfied
D) the marginal rates of substitution differ for both consumers
Correct Answer:

Verified
Correct Answer:
Verified
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