2.) Solving for Equilibrium On an island lives 2 persons, you and neighbor. You have an avocado tree, which grows 150 avocados this year, 50 next year. Your neighbor's tree grows 20 this year, 160 next year. Both you and neighbor has product utility c1c2. What will be end up being the agreement between you and your neighbor?

3.) Solving for Equilibrium In a hunter-gatherer society lives 2 people, Adam and Smith. Adam is a hunter and he catches 10 bears a week. Smith is a gatherer and he gathers 50 gigantic wildberries a week. Both Adam and Smith enjoy eating bears and wildberries and have utility function cbcw.

1. Under agreement "1 bear = 2 wildberries". How many bears does Adam want to sell? How many bears does Smith want to buy? Is this an equilibrium outcome?

2. Solve for equilibrium exchange rate.

2 Solving for Equilibrium Do an island lives 2 persons, you and neighbor. You have an avocado tree, 1which grows 150 avocados this year, 51'] next year. Your neighbor's tree grows 2|] this year, 1512} next year. Both you and neighbor has product utility clog. 1Lil-Flier 1will be end up being the agreement between you and your neighbor? 3 Solving for Equilibrium In a huntergatherer society lives 2 people, Adam and Smith. Adam is a hunter and he catches 1U hears a week. Smith is a gatherer and he gathers 5t] gigantic wildberries a week. Both Adam and Smith enjoy eating bears and wildherries and have utility function are\". 1. Under agreement \"1 bear 2 2 wildberries\". HOW many bears does Adam want to sell? How many bears does Smith want to buy? Is this an equilibrium outcome? 2. Solve for equilibrium exchange rate