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6. An economy consists of a baker (agent 1) and a tailor (agent 2). The baker has 10 units of bread (B) but no clothing

6. An economy consists of a baker (agent 1) and a tailor (agent 2). The baker has 10 units of bread (B) but no clothing (C). The tailor has 20 units of clothing but no bread. The baker and the tailor have the same utility function: u(Bi , Ci) = BiCi , where i = 1, 2. Suppose the baker and the tailor can trade. Can the economy be at a competitive equilibrium if the price of bread is 2 and the price of clothing is 1? Explain.

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