Answer to Question #81160 in Microeconomics for seema kumari

Question #81160
Consider a world with two agents, A and B. there are two goods 1 and 2. The utility functions of A and B are given as and.Their initial endowments are WA = (1,2) and WB (2,1)

Find the demand functions of A and B for prices P1 and P2 and incomes mA of A and mB of B.
Expert's answer
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