Consider the accompanying Edgeworth box diagram illustrating the preferences of Ed and Peggy for fish and chips:

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Consider the accompanying Edgeworth box diagram illustrating the preferences of Ed and Peggy for fish and chips: + Peggy's fish 0 U Peggy U Peggy U Peggy Peggy's chips + Ed's chips - U Ed U Ed contract curve 0 Ed's fish

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Consider the accompanying Edgeworth box diagram illustrating the preferences of Ed and Peggy for fish and chips:

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