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Find the competitive equilibrium of this economy: Agent A solves: max x_{1A} + x_{2A} s.t p x_{1A} + x_{2A} le 2p + 1, agent B
Find the competitive equilibrium of this economy: Agent A solves: \max x_{1A} + x_{2A} s.t p x_{1A} + x_{2A} \le 2p + 1, agent B solves \max p (1 + \epsilon)x_{1B} + x_{2B} s.t p x_{1B} + x_{2B} \le p + 2. The goods are indivisibles goods. e_A = (2,1), e_B = (1,2)
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
