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Please draw the graph on paper and label correctly and upload a picture of it so I can understand. Thank you. Question 1 Consider an

Please draw the graph on paper and label correctly and upload a picture of it so I can understand. Thank you.

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Question 1 Consider an economy with a constant population of N = 100. Individuals are endowed with y = 20 units of the consumption good when young and nothing when old. (@) What is the equation for the feasible set of this economy? Portray the feasible set on a graph. With arbitrarily drawn indifference curves, illustrate the stationary combination of y and c; that maximises the utility of future generations. [25 marks]

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