The requirement of trade where two parties must be interested in obtaining each other's goods is the double coincidence of wants.
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Q9: A feasible allocation in which agents consume
Q10: A feasible allocation does not allocate more
Q11: An allocation that has the property that,
Q12: In the chapter on The Problem of
Q13: An allocation is a specification of the
Q15: Any point in an Edgeworth box defines
Q16: A core curve is a curve in
Q17: Another name for an efficient allocation is
Q18: If there are many equilibrium allocations, the
Q19: Money is a medium that is widely
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