Because all points on a contract curve are efficient, they are all equally desirable from a social

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“Because all points on a contract curve are efficient, they are all equally desirable from a social point of view.” Do you agree with this statement? Explain.

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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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Because all points on a contract curve are efficient, they are all equally desirable from a social

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If society is only concerned with efficiency and not with equity then all points on ...View the full answer

Microeconomics

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