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What is The Edgeworth Box?
This box is used in the general equilibrium theory. This box is concerned with the equality that can be achieved through various markets. The supply and demand systems play a very important role in governing the state of the markets. Using the supply and demand management system, it is quite easy to figure out and attain an equilibrium within various markets.
This box is used to analyze the trade between two traders and their commodities. This determines how several conditions manage to play an important role in determining not only price but also value of various goods. The graph drawn, in this case, supports cases of both traders and shows quantity of goods or commodities they hold. All this and much more are discussed in The Edgeworth Box Assignment Help provided by the best team of experts.
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