
If
<
then
A) the competitive equilibrium is Pareto optimal.
B) the firm can benefit by producing more of good a.
C) there is a competitive equilibrium in the SOE without trade.
D) the firm can benefit by producing more of good b.
E) the firm can benefit by producing more of both a and b.
Correct Answer:
Verified
Q4: The pattern of trade is determined by
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Q8: One of the reasons why the growth
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A) the
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