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Consider a two-person exchange economy. Which of the following statements is true? Group of answer choices. choose the correct option The market value of consumption
Consider a two-person exchange economy. Which of the following statements is true?
Group of answer choices. choose the correct option
The market value of consumption plans is equal to the market value of endowment.
The endowment point is always Pareto efficient.
One consumer is always made worse-off by trade.
The equilibrium is located at the intersection of indifference curves.
The contract curve passes through the upper left and lower right corners of the Edgeworth box.
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