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Figure 1: Agent 1 vs. Agent 2 it 2 d 1 - What is unusual in Figure 1 above? Is there a PO allocation? Can

Figure 1: Agent 1 vs. Agent 2 it 2 d 1 - What is unusual in Figure 1 above? Is there a PO allocation? Can it be obtained as a competitive equilibrium? What is the corresponding assumption of the second theorem of welfare, and why is it important

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