ent vectors are wA (5, 10) and wB = (10, 5). Solve for the market %3D
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:2. Let preferences of both individuals be given by log(c) + log(c). Suppose that
the endowment vectors are wA = (5, 10) and wB
clearing price and the equilibrium consumption bundles of each individual.
(10, 5). Solve for the market
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