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b. [4 points] Consider the allocation X= (Ms = 3.5, Ss = 7) . Is this on the utility possibilities frontier? Will voluntary trade between
b. [4 points] Consider the allocation X= (Ms = 3.5, Ss = 7) . Is this on the utility possibilities frontier? Will voluntary trade between Steve and Danny ever arrive at this point
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Management
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
6th Asia Pacific Edition
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