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Please provide an illustrated, labeled graph ' '2. (24 points) Suppose there are two consumers, A and B, and two goods, X and Y. The

Please provide an illustrated, labeled graph

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' '2. (24 points) Suppose there are two consumers, A and B, and two goods, X and Y. The consumers have the following initial endowments and utility functions Consumer A: -x: 5 -Y=2 -uA (XX) = MIN (2x3!) Consumer B: .x=3 -Y=6 -u,,(x,Y)=3x+Y Suppose the Price ofX is Px : $2. and the Price on is PT = $1. a) (16 points) Suppose each consumer sells their initial endowment and buys back their optimal bundle. Using an Edgcworth Box. illustrate - The Budget Constraint - The Initial Endowment (W) - A's Optimal Bundle (A) - B's Optimal Bundle (B) Label the initial endowment W. label A's optimal bundle A, and label B's optimal bundle B. Make sure your graph is clearly and accurately labeled

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