Draw an Edgeworth Box diagram with an initial endowment. Show the gains from trade relative to...

Draw an Edgeworth Box diagram with an initial endowment. Show the gains from trade relative to this endowment point assuming that each person has normal shaped indifference curves. Show the Pareto Efficient points that are within the region of gains from trade relative to the initial endowment. Make sure that your initial endowment point is not Pareto Efficient.

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Rahul Sunny answered 6 months ago

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