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2. Consider the following Edgeworth box economy. ul = (x]); (x;); and u2 = (x?)(x})3. WI = 3,w2 = 1, wi = 2, wa =1.
2. Consider the following Edgeworth box economy. ul = (x]); (x;); and u2 = (x?)(x})3. WI = 3,w2 = 1, wi = 2, wa =1. Find all competitive equilibria, the contract curve, and the core. 3. Show that competitive equilibria are always in the core. You may assume u' are locally nonsatiated
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