Question: answer (2.1) and (2.2) please 2. General Equilibrium 2 The utility for consumer 1 and 2 are: Ul(x], x]) = 10[(x])2+ (22) 21/2 U2(202, 12)

answer (2.1) and (2.2) please

2. General Equilibrium 2 The utility for consumer 1 and 2 are: Ul(x], x]) = 10[(x])2+ (22) 21/2 U2(202, 12) = 8[(202) 4 + ( 23 ) 41 1/4 2.1 Characterize the Pareto efficient allocation and contract curve. 2.2 Characterize the competitive equilibrium if W1 = (0,4) and W2 = (4,0)

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