Multiple Choice
In free exchange among two individuals the position on the contract curve finally arrived at will,among other things,depend on: Which of these correctly completes the statement?
I.The bargaining strength of each individual.
II.The initial endowments of the individuals.
III.The individuals' preferences.
A) Only III.
B) Only II.
C) I and III,but not II.
D) II and III,but not I.
E) I,II,and III.
Correct Answer:

Verified
Correct Answer:
Verified
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