Question: Please help! Please show all your work! 2. (16 total points) Suppose there are two consumers, A and B. The utility functions of each consumer

Please help! Please show all your work!

Please help! Please show all your work! 2. (16 total points) Suppose

2. (16 total points) Suppose there are two consumers, A and B. The utility functions of each consumer are given by: mm = mem Unggw = 4x + Y The initial endowments are: A:X=4;Y=4 B:X=4;Y=12 a) (10 points) Using an Edgeworth Box, graph the initial allocation (label it \"W\") and draw the indifference curve for each consumer that runs through the initial allocation. Be sure to label your graph carefully and accurately

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