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Zj represents the amnt of 'x good produced bix firm ti ~ h' is the mas of consumers E is the no, of firms X;

Zj represents the amnt of 'x good produced bix firm ti ~ h' is the mas of consumers E is the no, of firms X; is the amat of good "x"ranrumed by consumer ' i Utility of one consumer i 4(x) = V (x) + y What is the utility for all consumers? Welfare fan of equilbrium? Under Pareto offaiency , Maximize mthd where a individuals using the rubstitution hy fixed ants of - 9000 X As above faleues late what is the efficient allocation d interprete The recul

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