4. (35) We now analyze the general equilibrium of this economy. (a) (5) Normalizing the prices such that p2 + p, = 1, find the equilibrium rental price of land r*. (b) (5) Typically we might normalize by fixing pc = 1 or setting Pc + Pu = 1. Why is it valid here to normalize using a non-linear function? (c) (5) Find the equilibrium prices of corn pt and wheat Pu. (d) (5) Find the equilibrium quantities q, q*, land used et, (;, and profit earned it, at by each farm. (e) (5) Find the income /*, I"*, consumption of corn q, q* and wheat qu, qu, and utility uck, u"* for each farmer. (f) (5) List all of the explicit transactions that actually take place in this economy. (g) (5) Taking the perspective of an accountant and ignoring all implicit costs, find the accounting profit 72, 7% for each farmer