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EXERCISE 4 {25 points) Consider an exchange economy with two goods and two agents. Agent A has preferences represented by uA(x'1'1,x'2'1) = (33f)2 + (113124)?

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EXERCISE 4 {25 points) Consider an exchange economy with two goods and two agents. Agent A has preferences represented by uA(x'1'1,x'2'1) = (33f)2 + (113124)? Agent B has preferences represented by u3(x'19,x23) = (3:13)2 + (of)? Both agents have endowments (1, 1)

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