Re: ISI 2017 key

Posted by Amit Goyal on May 20, 2017; 8:27am
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7604515.html

[28] Efficient Allocations are: the left and top edges of the box.
[29] Unique Competitive equilibrium allocation consists of the one in which A consumes: (0,1).
[30] Price of X in the competitive equilibrium must be: 1.