In order for an efficient allocation in an Edgeworth box to exist, the indifference curves of the agents at the point of that allocation must
A) intersect
B) be tangent to each other
C) not touch at any point or points

Name: In order for an efficient allocation in an Edgeworth box to exist, the indifference curves of the agents at the point of that allocation must A) intersect B) be tangent to each other C) not touch at any point or points
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

The Answer is B

In Order for an Efficient Allocation in an Edgeworth Box