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Consider a pure exchange economy with two agents and two goods. Mr. 1's endowment is (10,5) and Mr. 2's endowment is (20,10). Good y is
Consider a pure exchange economy with two agents and two goods. Mr. 1's endowment is (10,5) and Mr. 2's endowment is (20,10). Good y is the numraire, and the price of good x is = 2. As best you can, draw the Edgeworth box depiction of this artificial economy in the space below. Be sure to label the initial endowment and the agents' (common) budget line.
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