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CAN YOU EXPLAIN PLEASE CLEARLY 2. Consider a one-consumer one-firm economy in which u(c) = Tz + 3, and f (2) = vz. (a) Derive

CAN YOU EXPLAIN PLEASE CLEARLY

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2. Consider a one-consumer one-firm economy in which u(c) = Tz + 3, and f (2) = vz. (a) Derive the Pareto set of this economy. (b) Fix some Pareto-efficient allocations from (a) and derive a competitive equilibrium for this economy that generates these allocations

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