4 8 Points Consider An Exchange Economy Composed Of Two Individuals A And B And Two 3277209

4) (8 points) Consider an exchange economy composed of two individuals A and B and two goods x1 and x2. Individual A has an endowment of wA=(2,4) and individual B has an endowment of wB= (3,3). A’s utility function is given b?U=x1 X2. Individual B’s utility function is given b? UB=X1 X2^2. Eind the equilibrium price and allocation.

 

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