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    Exam 32: Welfare-Part A
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    In a Competitive Equilibrium, No Matter How Different Their Preferences
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In a Competitive Equilibrium, No Matter How Different Their Preferences

Question 1

Question 1

True/False

In a competitive equilibrium, no matter how different their preferences may be, no two people with the same income will envy each other's consumption bundles.

Correct Answer:

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