Using clear language to describe the steps - as well as numbers, can you please make clear each step to arrive at the numbers. I have submitted this question before and got an unsatisfactory response back. For some reason I am having difficulty understanding this questions, and what is going on. Thanks for laying out, step by step, the answer and how each step is arrived at.

Home Insert Design Layout References Mailings Review View iPortal Help Picture Format Official Use Confidential Strictly Confidential Section B1: Fill-in-the-Blank Questions The questions in this section are worth 5 points in total The questions in this section are about two individuals, Farhad and Gulzaar, who trade pistachios and saffron with each other. Farhad's utility function is u(a, y) - ary, where cy and yy are, respectively, the quantity of pistachios and saffron that Farhad consumes. Gulzaar's utility function is u(2, y/) - 3/ wherer, and y, are, respectively, the quantity of pistachios and saffron that Gulzaar consumes, Farhad and Gulzaar are each endowed with 120 units of pistachios and 120 units of saffron. 2 pts D Question 21 Suppose first that Farhad and Gulzaar reach a competitive equilibrium. In this equilibrium, units of saffron Farhad would end up with units of pistachios and Gulzaar would end up with units of pistachios and units of saffron Page 1 of 33 2101 words X Focus 6 - - + 290 3:27 PM