Question

econ
nomy
of two
goods
cis
good
Assuming
which favor equity
6 Consider a pure exchange
undividuals CA and B) and two
and Y).
Individual
endowed with
unit of
Y and none of good y, while individual
with 9 unit of good Ý and inone ot good x.
uti
inity
Rinction
individual
and B to be.
UA = (XA) a (YA) la
and UB
(XB)
P (12) I-B
where
Xi and Yi her i- {A, B}
consi of good X and Y respectively
Determine the
the Walrasian
ratio
represent widividual
99
1S
sumpti
en
equilibrum
price​

Answer 1

Answer:

I can't understand that. So sorry