
-The above figure depicts the Edgeworth box for two individuals,Al and Bruce.Points a and b
A) are most likely to reflect the final endowments after trading.
B) are least likely to reflect the final endowments after trading.
C) are equally likely to reflect the final endowments after trading than other points on the contract curve.
D) are definitely not the final endowments after trading.
Correct Answer:
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Q1: As opposed to general-equilibrium analysis,partial equilibrium analysis
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