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In: Economics

1- A) in quasi-experimental studies what is the difference-in-difference technique and the instrumental variable technique? B)...

1- A) in quasi-experimental studies what is the difference-in-difference technique and the instrumental variable technique?

B) Explain what a contract curve is in a pure exchange economy? What is meant by Pareto efficiency?

C) In a competitive economy with variable production where is the Pareto efficient outcome found?

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