=+B.* Now suppose that tastes can be summarized by the CES utility function u1c1

, c2 2 5 10.5c1 2r 1 0.5c2 2r 2 21/r

, where c1 is consumption in the first period and c2 is consumption in the second period.

a. Are there values for r that would result in the scenarios in A

(a) and A(b)?

b. Are there values for r that would result in the scenarios in A(c)?

c. Are there values for r that would result in the scenario in A(d)?

d. Are there values for r that would result in the scenarios in A

(e) or A(f)?