Show the necessity of convexity of preferences assumption for the second fun- damental theorem of welfare economics.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter21: Demand: Consumer Choic
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Show the necessity of convexity of preferences assumption for the second fun-
damental theorem of welfare economics.
Transcribed Image Text:Show the necessity of convexity of preferences assumption for the second fun- damental theorem of welfare economics.
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