Which of the following is not illustrated in Edgeworth box.
A)endowments
B)consumer tastes
C)contract curve
D)production possibilities

Question

Quizplus · Accepted Answer

Edgeworth box is a tool used to analyze exchange where two individuals trade goods with each other. It represents the combination of goods which the two individuals can acquire after trade, given their initial endowments of goods. It does not show production possibilities since it is focused on exchanging goods between individuals, not producing them.

Which of the Following Is Not Illustrated in Edgeworth Box