=+e. Pick another efficient allocation and demonstrate a possible way to reallocate the endowment among us such
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=+e. Pick another efficient allocation and demonstrate a possible way to reallocate the endowment among us such that the new efficient allocation becomes an equilibrium allocation supported by an equilibrium price. Is this equilibrium price the same as p* calculated in (c)?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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