2 products X and Y, 2 inputs L and K, 2 consumers A and B.Assume that the total quantities of K and L are fixed for this problem.X is relatively labor-intensive in production.Production functions are Cobb-Douglas.Suppose that consumer A is exposed to advertising that increases her relative preference for Good X; B's preferences do not change.Goods and inputs are "normal" in consumption and production.Answer the following with "rise", "fall", "stay the same", or "cannot tell".(Note: while this has some stuff in common with the designer clothing question above, now the production side of the economy is brought into play.)

a)What will happen to the price ratio p_x/p_y?(If the reference to the price ratio is confusing, remember that it equals the MRS for both consumers.)

b)What will happen to the input price ratio w/r?

c)What will happen to the overall production of Good X?