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agents just like A
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and a million agents just like B.
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The heart of perfect competition in the economy is
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that there's lots of people, and so we can't--yeah,
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I think from now on hand them in at the end of class.
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So we mean a million people of type A and a million people type B.
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So the utility function of A, the welfare function of A is
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written there, and the welfare function of B
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is written and they each begin with endowments.
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So when these two million people come together they're
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going to be doing the same thing
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that you saw in the class on the first day.