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Consider an exchange economy with 2 agents and 2 goods. a) In an Edgeworth-Bowley diagram, if the agents do not have the same preferences, the
Consider an exchange economy with 2 agents and 2 goods.
a) In an Edgeworth-Bowley diagram, if the agents do not have the same preferences, the contract curve isnot a straight line? Is this true? Explain.
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