In a perfectly competitive economy there are two, Engineering Mathematics

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In a perfectly competitive economy there are two

Question: In a perfectly competitive economy, there are two individuals, A and B, and two goods, X and Y, each in fixed supply. Before trading commences A has no X and B has no Y. Under what circumstances will they be at the same point after trading? Will the outcome be Pareto efficient?

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Engineering Mathematics: In a perfectly competitive economy there are two

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