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Q8. Grogu and Mando both consume only tomatoes and bread. Grogu's utility function is given by UG = BGTc, where B denotes bread (in kg)

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Q8. Grogu and Mando both consume only tomatoes and bread. Grogu's utility function is given by UG = BGTc, where B denotes bread (in kg) and T denotes tomatoes (in kg), and Mando's utility function is UM = By TM. Initially, Grogu has 10kg of bread and 44kg of tomatoes, and Mando has 20kg of bread and 16kg of tomatoes. If they are allowed to trade, how many kilos of tomatoes will they each consume? What will the equilibrium price ratio be? [10 marks]

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