Question: please it's urgent: EXERCISE 3 (25 points) Consider two agents, A and B, with the following utility functions: u A ($14, $51) = x14+332A and

please it's urgent:

EXERCISE 3 (25 points) Consider two agents, A and B, with the following utility functions: u A ($14, $51) = x14+332A and UB(:::'19,:C) = 3135023. Let the endowments be (wf'w') = (8, 2), and (wlB,w23) = (2, 8). Represent this situation in an Edgeworth box diagram. (1) Draw some indifference curves for each agent and an arrow pointing in the direc- tion of increase in utility. (2) Derive the contract curve mathematically and draw it. (3) Represent graphically the individually rational allocations given the endowment. (4) Which allocations are in the core

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