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Kindly assist Asap Out of 25. A correct answer must include a correct explanation. Make sure your diagrams are labeled properly. 1. [3] Consider a

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Out of 25. A correct answer must include a correct explanation. Make sure your diagrams are labeled properly. 1. [3] Consider a tum-consumer economy in which or\" = {3,3}, (.13 = {0,1}, u'l[m'1'l,m1] = 13141? and 3313?, $23) = m?{m}, where o :> [I are parameters. (a) [2] Illustrate this economy in an Edgeworth box. (b) [2] Derive a competitive equilibrium for this economy. {:1} [2] How do the prices and allocations in the equilibrium you found in [b] depend on Cr? Interpret your answer. [d] [2] How do the prices and allocations in the equilibrium you found in [b] depend on ,8? Interpret your

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