=+a. Normans MRS of food for clothing is 1 and Ginas MRS of food for clothing is
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=+a. Norman’s MRS of food for clothing is 1 and Gina’s MRS of food for clothing is 4:
Individual Initial Allocation Trade Final Allocation Norman 6F, 2C Gina 1F, 8C
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Related Book For
Microeconomics
ISBN: 9781292081977
8th Global Edition
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
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