Slide 1 Chapter Twenty-Nine Exchange Slide 2 u Two consumers, A and B. u Their endowments of goods 1 and 2 are u E.g. u The total quantities available and units of good 1…
Welfare economics 3.1 Lecture 3 Welfare Economics Welfare economics is essentially about judging the desirability of social outcomes. In this lecture we will introduce the…
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Chapter Thirty Exchange Tausch 交换 Hu Jingbei’s declaration to copyright May 17, 2007 This ppt-file may come from an American source which is not known to me at the…
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Chapter Twenty-Nine Exchange Exchange Two consumers, A and B. Their endowments of goods 1 and 2 are E.g. The total quantities available and and units of good 1 units of good…