Re: Daily question

Posted by deepti on Mar 03, 2009; 12:55pm
URL: http://discussion-forum.276.s1.nabble.com/Daily-question-tp2328964p2414948.html

1)all  d 3 cases r stsfyng warp.....

4)all d alloctns r pareto effcnt....as all of d 3 ind lyk choclt n if v tk choclt 4m one and gv it to another den  v r mkng one indvdl btr off and mkng anthe worse off.......

cmptv eq:if v tk price>o den incm of A IS  0 n incm of  B  and C  is 5p....

both b and c wld lyk 2 spnd dere incm on chclt therefore dd 5 choclt while a vl nt dd any chclt.....mkt is also clearng

thrfore 4 al prices >o dere is cmptv eq..........