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Which of the Following Statements About the Contract Curve Is

Question 65

Multiple Choice

Which of the following statements about the contract curve is correct?


A) The slope of the contract curve reflects the relative prices of the goods to consumers.
B) All points on the contract curve are efficient.
C) A point below the contract curve is always preferred to a point above the curve.
D) A point on the contract curve shows inequitable allocation of resources.

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