Economy, asked by payalpriyanka037, 2 months ago

what is Edgeworth box

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Answered by aayushianita77

1

Answer:

An Edgeworth box sometimes referred to as an edgeworth bowelybox is a graphical representation of an market with just two commodities X and Y and two consumers.

Explanation:

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Answered by sonukumarsharma55

39

In economics, an edgeworth box, sometime refered to as an edgeworth -bowley box,is a graphical representation of a market with just two commodities, x and y, and two consumer. The dimensions of the box are the total quantities πx and πy of the two goods.

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