1. (10 points) In a twoconsumer (1 and 2), twogood (A and B) pure exchange economy, suppose the initial endowment is at point E. The initial endowment is wl = (rum, 71113) for consumer 1 and 102 = (102 A,w23) for consumer 2. (a) Does the two consumers have incentives to trade with each other? Briey explain why. CONSUMERZ - a \\\\'\\ Initial \\ \\ \\ endowment \\ CONSUMEM Good A (b) Suppose consumer 1 has the ultimate market power and the two consumers volunteer to trade. Mark the trading outcome as point A. Similarly, mark the trading outcome as point B when instead consumer 2 has the ultimate market power. Highlight the \"economic core\" in the graph