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Questions › UoH › UoH 2019 › Q90
1 mark, −0.33Microeconomics › General equilibrium and exchange economies › Edgeworth box and the contract curveModerateabout 1 min

UoH 2019 Question 90: General equilibrium and exchange economies

Which is not related to 'Contract Curve' of pareto efficient allocations?

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Answer and worked solution

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General equilibrium and exchange economies has come up 69 times in 7 exams since 2004.

What this question tests

This question is on Edgeworth box and the contract curve, part of General equilibrium and exchange economies in Microeconomics.

The geometry of trade between two consumers and the set of efficient allocations.

TestStop has 9 past-paper questions on this subtopic; the nearest in year are below.

  • IIT JAM 2022 · Q26Consider a pure exchange economy with two goods x and y. Ravi and Suraj have utility functions U_R = βlog…
Practise General equilibrium and exchange economiesMore on Edgeworth box and the contract curve

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Question from the UoH 2019 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.