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{"ops":[{"insert":"Consider an Edgeworth box that describes a two-person, two-commodity exchange\u00a0\nscenario. Explain how trade takes place between the two individuals starting from the\u00a0\ninitial endowment position. What is the significance of the slope of the ray passing\u00a0\nthrough a Pareto optimal point and the endowment point?\n"}]}
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