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5.17 Consider an exchange economy with two identical consumers. Their common utility function is u'(x1,x2) = xx,for 0 5.17 Consider an exchange economy with two
5.17 Consider an exchange economy with two identical consumers. Their common utility function is for 0 < a < l. Society has 10 units of Xl and 10 units ofX2 in all. Find endow- ments el and e2, where e e , and Walrasian equilibrium prices that will 'support' as a the equal-division allocation giving both consumers the bundle (5, 5).
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