Answered: Based on the illustration below, the…

Based on the illustration below, the total quantities available for good 2 is: Answer: The endowment allocation is A @₁ = (2,4) and B @ · ' = (4,4).

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter14: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 13CQ

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Question

Based on the illustration below, the total quantities available for good 2 is:
Answer:
The endowment
allocation is
A
@₁ = (2,4)
and
B
@
·
' = (4,4).

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