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Two Individuals,A and B,consume Two Goods, and Consumer

Question 35

Multiple Choice

Two individuals,A and B,consume two goods, Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. Consumer A initially has 3 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and 2 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. Consumer B initially has 5 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and 6 units of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .Also,for Consumer A the Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and for Consumer B the Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .Does this initial allocation of Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. represent an efficient allocation?


A) Yes
B) No, because both consumers could be made better off by giving A more Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and less Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .
C) No, because both consumers could be made better off by giving A more Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. and less Two individuals,A and B,consume two goods,   and   Consumer A initially has 3 units of   and 2 units of   Consumer B initially has 5 units of   and 6 units of   .Also,for Consumer A the   and for Consumer B the   .Does this initial allocation of   and   represent an efficient allocation? A)  Yes B)  No, because both consumers could be made better off by giving A more   and less   . C)  No, because both consumers could be made better off by giving A more   and less   . D)  Cannot be determined from the given information. .
D) Cannot be determined from the given information.

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