A feasible allocation does not allocate more than the total amount of goods available in the economy.
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Q5: If there is an equilibrium allocation, the
Q6: An individually rational trade offers a trader
Q7: To prevent a trade from occurring by
Q8: An Edgeworth box represents an allocation that
Q9: A feasible allocation in which agents consume
Q11: An allocation that has the property that,
Q12: In the chapter on The Problem of
Q13: An allocation is a specification of the
Q14: The requirement of trade where two parties
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