5. General Equilibrium 2 (20 points) The utility for consumer 1 and 2 are: UI(x], x]) = A[(x] )P + (27)P]1/P U2(x2, x2) = B[(x2)+ (23)61/b a. Characterize the Pareto efficient allocation and contract curve (10 points). b. Characterize the competitive equilibrium if W1 = (3,0) and W2 = (0,4) (10 points)