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2. Consider two individuals with the following utility functions: UA = Inx + IngA UB = xB + InyB Suppose the endowment points are x

2. Consider two individuals with the following utility functions: UA = Inx + IngA UB = xB + InyB Suppose the endowment points are x = 50, y = 20, x; e = 30 and yb = 30. (a) Find the incomes of two individuals (b) Find the market demand curve for good Y. c Find the equilibrium price ratio Pr. Py

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