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please help and explain 5. (3.5 points) There are two goods (1 and 2) and two consumers (A and B). Preferences described by K. C}

please help and explain

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5. (3.5 points) There are two goods (1 and 2) and two consumers (A and B). Preferences described by K\". C} \\_/ UA($,142$2A) : min{$}4,$i} \"B (37131 I???) A '4 v 1 2 $333 Where 3:114 is the quantity of good 1 consumed by A, 513% is the quantity of good 2 consumed by A, :5}; is the quantity of good 1 consumed by B, 2:23 is the quantity of good 2 consumed by B. Endowments are 6A = (4, 2), (2,1). A 00 \\_/ A U: \\_/ 63 (a) Sketch the Edgeworth box. Clearly label your graph. (1.5 points) (b) Find the contract curve. (1 point) (c) Find a competitive equilibrium, i.e., {X A,X B,%} where X'A E (filial) and X3 E(713,i"?3). (1 point)

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