Use edgeworth box diagram or perfectly competitive market
Discuss the Pareto Optimal Conditions in a perfectly competitive world of two individuals, A and B, two products, X and Y, and two inputs, L and K. You may use either Edgeworth Box diagram or perfectly competitive market system.
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A and B, two products, X and Y, and two inputs, L and K. You may use either Edgeworth Box diagram or perfectly competitive market system.
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