contract curve मीनिंग इन हिंदी

उदाहरण वाक्य

1. The utility possibility frontier is derived from the contract curve.
2. The UPF is the contract curve of the Edgeworth box.
3. Any Walrasian equilibrium lies on the contract curve.
4. Thus, on the contract curve the marginal rate of substitution is the same for both people.
5. Instead, these optimizations are simply a way for the economist to identify points on the contract curve.
6. In order to trace out the entire contract curve, the above optimization problem can be modified as follows.
7. As " b " varies smoothly between these two extremes, all the in-between points on the contract curve are traced out.
8. The analysis cannot say which particular point along the contract curve they will end up at  this depends on the two people's bargaining skills.
9. The contract curve is the subset of the Pareto efficient points that could be reached by trading from the people's initial holdings of the two goods.
10. When coupled with production or commodity constraints, under some assumptions these functions can be used to analyze Pareto efficiency, such as illustrated by Edgeworth boxes in contract curves.