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please solve but draw it out 1. (12 Total Points) Suppose there are two consumers, A and B, and two goods, X and Y. Consumer
please solve but draw it out
1. (12 Total Points) Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A's utility function is given by: UA(X,Y) - Xuley And consumer B's utility function is given by Un(X.Y) - 3X + Y. Suppose there is a total of 18 units of Good X and 9 units of Good Y. Using an Edgeworth Box, Illustrate the contract curve. Be sure that the dimensions of the Edgeworth Box are correct, and that the Edgeworth Box is fully and accurately labeledStep by Step Solution
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