Question: QUESTION 7: Consider a small exchange economy with two consumers; Harley and Macey . There are only two commodities in the economy; car (x) and

QUESTION 7: Consider a small exchange economy with two consumers; Harley

QUESTION 7: Consider a small exchange economy with two consumers; Harley and Macey . There are only two commodities in the economy; car (x) and tyre (y), both consumers have their preferences. Describe the Edgeworth box diagram for this exchange economy

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