Question: Carlos's utility function is u ( a , b ) = a + 2 b , where a is his consumption of artichokes and b
Carlos's utility function is
uabab
where a is his consumption of artichokes and b is his consumption of broccoli.
Laura's utility function is
uabminab
Laura initially has artichokes and no broccoli. Carlos initially has broccoli and no artichokes.
In this economy, in competitive equilibrium, the ratio of the price of artichokes to the price of broccoli must be round to one decimal if necessary
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