Consider an exchange economy with two people, A and B, and two commodities, food (x) and water (y). A's and B's preferences are described, respectively, by the following utility functions: ua(Xa, Ya)= X^2aYa, MRSa(Xa, Ya)=2Ya/Xa
ub(Xb, Yb)=XbY^2b, MRSb(Xb, Yb)=Yb/2Xb

Suppose there are 6 units of x and 6 units of y overall.

1. Draw an Edgeworth box for this economy.
2. Determine whether each of the following allocations is (i) feasible, (ii) Pareto efficient

a. ( (2,4), (4,2) )
b. ( (4,2), (2,4) )
c. ( ( 8 / 3 , 1 ), ( 10/3 , 5 ) )

we have three similar triangles, because each has a right angle and shares an angle.   let's write the angles in order: opposite to short leg, long leg, hypotenuse.

cab similar to bad similar to cbd

or as ratios,

ca: ab: cb = ba: ad: bd = cb: bd: cd

we also know

ac = ad + cd

(ad+cd): ab: cb = ba: ad: bd = cb: bd: cd

(ad+cd)/cb=cb/cd

we have cb=6, ad=5 and seek x=cd.

we reject the negative root and conclude x=4

answer: 4

false

step-by-step explanation:

the meaning of changing is to edit or make something different.

but transmitting means cause (something) to pass on from one place or person to another.

there 2 different things