we have two consumers Ava and Ben, this time with preferences: UA = min(2x, x2) and U = x + x Total endowments are E E = 10. The initial endowment is at ef = e = 4, ef = e = 6 a. Draw the Edgeworth box in the graph below on the left. Mark the initial endowment allocation, and draw the indifference curves that pass through it. Is the endowment allocation Pareto efficient? Explain. b. d. Now suppose prices in the market are P = 2, P = 1. In the graph on the right, draw the Edgeworth box again, with the same endowment point, and add the budget line suggested by these prices. Label the intersections. a. and b. OB x=1 OB Good 2 0A Draw the contract curve. Does it contain both origin points? Explain. -10 Good 1 e co contract curve Good 2 C. Ava's optimal choice (x1=3,x4-6) e Ben's optimal bundle when=2(x=4, x2 =10) P 10 0A Good 1 Is there a competitive equilibrium on this budget line (that is, for this endowment and these prices)? Explain.