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Calculate the upf for economy

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An economy has two commodities and two consumers with preferences UA(xA,yA) = 210g xA tyA UB (XB, yB) = 3log XB + yB Society has an endowment of one unit of each good in total so that xA + XB = yA + yB = 1. Calculate the UPF for this economy and graph it. Why does it have such a special shape, in spite of diminishing marginal utility?

Reference no: EM133240944

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