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4.23. An economy has two kinds of consumers and two goods. Type A onsumers have utility functions U(r, 52) = 4r -(21/2) 12 B onsumers

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4.23. An economy has two kinds of consumers and two goods. Type A onsumers have utility functions U(r, 52) = 4r -(21/2) 12 B onsumers have utility functions U(3jaz) = 231 - (3 /2) an only consume nonnegative quantities. The price of good 2 is 1 and all onsumers have incomes of 100. There are N type A consumers and N ype B consumers

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