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Also find competitive ewqualibrium for p2 Adam and Bethany both have Cobb-Douglas preferences, UA = (x1) 1/3. )2/3 and Up = (x1)2/3.(x2)1/3 . Their endowments

Also find competitive ewqualibrium for p2

Adam and Bethany both have Cobb-Douglas preferences, UA = (x1) 1/3. )2/3 and Up = (x1)2/3.(x2)1/3 . Their endowments are identical WA = We = (3,3). Find the set of all Pareto efficient allocations (i.e. the contract curve)

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