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Question A: MUX = 2XY; MUY = X2 B: MUX = Y; MUY = X initial endowments: A: X = 120; Y = 6 B: X = 30; Y = 14 Question A: MUX = 2XY; MUY = X2 B: MUX = Y; MUY = X initial endowments: A: X = 120; Y = 6 B: X = 30; Y = 14 How much of each good does each consumer demand in equilibrium? Consumer A’s Demand for X Consumer A’s Demand for Y Consumer B’s demand for X Consumer B’s demand for Y Consumer A’s Demand for X Consumer A’s Demand for Y Consumer B’s demand for X Consumer B’s demand for Y

/in /by

Question

A: MUX = 2XY; MUY = X2 B: MUX = Y; MUY = X initial endowments:A: X = 120; Y = 6B:

X = 30; Y = 14

How much of each good does each consumer demand in equilibrium?

Consumer A’s Demand for X

Consumer A’s Demand for Y

Consumer B’s demand for X

Consumer B’s demand for Y

 
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