Can you please answer #2 and 3.

P2= .25

1.) Two consumers have identical Cobb Douglas utilit}r \"A = I: + mi and us = I}; - 53%. Endowments are MA = {15, D} and tag = (25,0). There is a constant returns technology,r y2 = 43:1 owned by person A. Let the equilibrium price of good 1 be p1 = 1 as always. What is the equilibrium price of good 2, pg? 2.} Continue the setting from prom1.}. Plug prices into consumer demand func- tions, then use market clearing to nd the optimal amount of production. How much y; is produced in equilibrium? 3.) Continue the setting from problem 1-}. Now that we have found equilibrium, is it Pareto efcient? Solve for the contract curve