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An economy has two consumers, ConsumerA and Consumer B. These two consumers get utility from consuming two goods, x and y. ConsumerA has a utility

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An economy has two consumers, ConsumerA and Consumer B. These two consumers get utility from consuming two goods, x and y. ConsumerA has a utility function described by UA : :L'Ayi. Consumer B has a utility function described by U3 : $33123. ConsumerA is initially endowed with 10 units of x and 40 units of y. Consumer B is initially endowed with 40 units of x and 10 units of y. You can assume that the price of y (pg) is equal to 1 for this question. a) With ConsumerA in the bottom left corner and Consumer B in the top right corner, draw an Edgeworth box that shows the initial endowment in this economy. Be sure to clearly label the total number of units of x and y on each axis. b) Derive the contract curve for this economy and draw it on the Edgeworth box that you drew in part (a)

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