Suppose Zaharah (Z) and Quah (Q) are now at an allocation bundle where their marginal rates of substitution (MRS) are given by MRS₂ = 10 and MRSQ = 5, respectively. In general equilibrium analysis, this suggests that Andaikan Zaharah (Z) dan Quah (Q) kini berada pada sesuatu longgok alokasi di mana kadar penggantian marginal (MRS) masing-masing adalah MRS₂ = 10 dan MRSQ = 5. Dalam analisis keseimbangan am, ini menunjukkan bahawa a. both individuals have already engaged in voluntary exchange of resources kedua-dua individu telah pun terlibat dalam pertukaran sumber secara sukarela b. Zaharah's situation is better off than Quah situasi Zaharah adalah lebih baik daripada Quah there exists a basis for voluntary exchange for resources between both terdapat asas untuk pertukaran sumber secara sukarela antara kedua-duanya d. both of them are in equilibrium C.
Suppose Zaharah (Z) and Quah (Q) are now at an allocation bundle where their marginal rates of substitution (MRS) are given by MRS₂ = 10 and MRSQ = 5, respectively. In general equilibrium analysis, this suggests that Andaikan Zaharah (Z) dan Quah (Q) kini berada pada sesuatu longgok alokasi di mana kadar penggantian marginal (MRS) masing-masing adalah MRS₂ = 10 dan MRSQ = 5. Dalam analisis keseimbangan am, ini menunjukkan bahawa a. both individuals have already engaged in voluntary exchange of resources kedua-dua individu telah pun terlibat dalam pertukaran sumber secara sukarela b. Zaharah's situation is better off than Quah situasi Zaharah adalah lebih baik daripada Quah there exists a basis for voluntary exchange for resources between both terdapat asas untuk pertukaran sumber secara sukarela antara kedua-duanya d. both of them are in equilibrium C.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Suppose Zaharah (Z) and Quah (Q) are now at an allocation bundle where their marginal rates of substitution (MRS) are given by
MRS₂ = 10 and MRSQ = 5, respectively. In general equilibrium analysis, this suggests that
Andaikan Zaharah (Z) dan Quah (Q) kini berada pada sesuatu longgok alokasi di mana kadar penggantian marginal (MRS) masing-masing
adalah MRS₂ = 10 dan MRSQ = 5. Dalam analisis keseimbangan am, ini menunjukkan bahawa
a. both individuals have already engaged in voluntary exchange of resources
kedua-dua individu telah pun terlibat dalam pertukaran sumber secara sukarela
b. Zaharah's situation is better off than Quah
situasi Zaharah adalah lebih baik daripada Quah
there exists a basis for voluntary exchange for resources between both
terdapat asas untuk pertukaran sumber secara sukarela antara kedua-duanya
d. both of them are in equilibrium
C.
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