True/false/uncertain Robison and Friday live isolated from the rest of the world
ID: 1205987 • Letter: T
Question
True/false/uncertainRobison and Friday live isolated from the rest of the world on a small island, they value 2 goods: coconuts and bananas. Irrespective of initial endownment, trading will always lead to Pareto improvement. True/false/uncertain
Robison and Friday live isolated from the rest of the world on a small island, they value 2 goods: coconuts and bananas. Irrespective of initial endownment, trading will always lead to Pareto improvement.
Robison and Friday live isolated from the rest of the world on a small island, they value 2 goods: coconuts and bananas. Irrespective of initial endownment, trading will always lead to Pareto improvement.
Explanation / Answer
uncertain
without knowing all other conditions we can not what exactly benefitable to one to another.