If one is on the contract curve
A)the allocation is not Pareto optimal.
B)the indifference curves of both consumers are crossing.
C)no further voluntary trade will occur.
D)further beneficial trades can occur.

Name: If one is on the contract curve A)the allocation is not Pareto optimal. B)the indifference curves of both consumers are crossing. C)no further voluntary trade will occur. D)further beneficial trades can occur.
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Question

Quizplus · Accepted Answer

The Answer is C

If One Is on the Contract Curve