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Through the Edgeworth Box , neoclassical economics harmonized the allocative and distributive efficiencies and established one without the other does not exist. Discuss, as seen
Through the Edgeworth Box, neoclassical economics harmonized the allocative and distributive efficiencies and established one without the other does not exist. Discuss, as seen by the (neo)classicals) the allocative and distributive efficiencies as they relate to (complement) each other.
Please provide a short paragraph to explain it.
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