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Question microeconomics Question 4 In a two-good two-consumer economy, which statement is true? O. None of the other answers are correct. Walras Law implies that

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Question microeconomics

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Question 4 In a two-good two-consumer economy, which statement is true? O. None of the other answers are correct. Walras Law implies that the total demand for either product cannot exceed the total endowments of either good. Walras Law implies that if one market has excess demand, the other market has an excess supply. O Walras Law implies that if one market has an excess demand, the other market must also have an excess demand. O Walras Law implies that the competitive market equilibrium will be pareto efficient

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