Re: DSE-2010 Ques: 31-34

Posted by madhur1987 on Jun 10, 2013; 10:03pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2010-Ques-31-34-tp6501930p7582130.html

in the que 33 endowment bundle is pareto efficient(even thogh agent1 won't trade but agent2 can still trade he is indiff) so to make sure that there is no trade price ratio should be like something that even agent 2 do not want to trade this will be only possible when Px<=Py. so no trade is possible