Re: DSE 2006

Posted by Chinni18 on Jun 08, 2012; 3:32am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2006-tp7577468p7577564.html

sonu delhi, when you get p2=20 you can see that there are no possible values of p that will satisfy the equation.Whereas with p1=0 there is no excess demand or supply. Plot it on an edgeworth box and you'll see see that at (0,1) price ratio the allocations are efficient as ell as competitive