Question: c. [4 points] Consider the allocation Y= (M3 = 725,53 = 14.5) . Is this on the utility possibilities frontier? Will voluntary trade between Steve

c. [4 points] Consider the allocation Y= (M3 = 725,53 =

c. [4 points] Consider the allocation Y= (M3 = 725,53 = 14.5) . Is this on the utility possibilities frontier? Will voluntary trade between Steve and Danny ever lead to this point

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