X1= rolos, x2=peanut butter cups Person A : U(x1,x2)=min(3x1,2x2) Person A has 8 rolos, and 2 cups. Person B: U(x1,x2)=x1*x2 Person B has 2 rolos, and 8 cups. 1) Calculate utility if you (person A or B) consume the bundle you start with. 2) Based on As utility function do they prefer to consume relatively more peanut butter cups or more rolos? Or would they prefer an equal ratio of both? 3) Based on Bs utility function do they prefer to consume relatively more peanut butter cups or more rolos? or would they prefer equal amounts of both? 4) What is the trade you are able to come up with such that you both get to a higher utility level than what you started with? You can trade in fractions. What ratio of rolos to peanut butter cups will person A consume in? All else equal what ratio does person B like