In the Edgeworth box diagram, explain how one point can simultaneously represent the market baskets owned by

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In the Edgeworth box diagram, explain how one point can simultaneously represent the market baskets owned by two consumers.

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:35 AM

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In the Edgeworth box diagram, explain how one point can simultaneously represent the market baskets owned by

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The Edgeworth box diagram allows us to represent the distribution of two goods between two individua...View the full answer

Microeconomics

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