1. Consider a two-consumer economy in which wA = (1, 1), w = (2,3), u(xA, r() =...

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1. Consider a two-consumer economy in which wA = (1, 1), w" = (2,3), u(xA, r() = of tra and u" (x], 17) = 11 12 (a) Illustrate this economy in an Edgeworth box. (b) Define a competitive equilibrium for this economy. (c) Derive a competitive equilibrium for this economy

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1. Consider a two-consumer economy in which wA = (1, 1), w = (2,3), u(xA, r() =...

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