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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 5
In an exchange economy with two consumers and two goods, is it possible for one of the markets to clear but not the other Explain your answer graphically using an Edgeworth box.
Explanation
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No. The individuals trade one good for a...
Microeconomics 2nd Edition by Douglas Bernheim
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