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just give me the answer please 1. Consider the price and income combination in the one person economy depicted below: Which of the following statements

just give me the answer please

1.

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Consider the price and income combination in the one person economy depicted below: Which of the following statements are true {choose all that apply} [:] In this allocation. the price of labour must rise to achieve allocative efficiency C] The choice of 12 units of labour is productively efficient [:] The consumer is choosing leisure in anticipation of less income from profit than thew;r will get in competitive equilbrium [:] The consumer is not maximising utility in the consumption sector Consider the following gure. The blue clot labelled X, Y represents how much )1 and Y is currently being produced in the economy. Good'r up; Good! Which of the following statements are true? 0 This economic is productively efficient only. 0 This economy is productively, distributively, and allocatively efficient. O This economy is productively and distributively efficient, but not allocatively efficient. O This economy is distributively efficient only. Consider a two consumer, two good economy Assume that both goods are produced, and that production and consumption are such that MRSA = MRS > MRTi = MRTi. Given this, which of the following statements is TRUE? 1. The economy satisfies distributive efficiency. Il. The economy satisfies productive efficiency. Ill. Allocation efficiency requires the resources to shift from the production of Y to the production X. ONone of the statements are true. O I and ll only. Oil only. OI, II, and Ill. OI only

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