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Question [4]: [6 marks] Prove that an economy that does not have a Pareto Optimal allocation cannot have a Walrasian equilibrium. (Hint: this is short

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Question [4]: [6 marks] Prove that an economy that does not have a Pareto Optimal allocation cannot have a Walrasian equilibrium. (Hint: this is short and does not involve any math. ) Question [5]: [6 marks]

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