Math Problem Statement

Ejercicio de equilibrio general caja de edgeworth

Solution

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Math Problem Analysis

Mathematical Concepts

General Equilibrium
Edgeworth Box
Utility Functions
Marginal Rate of Substitution (MRS)
Pareto Optimality

Formulas

U_A = x^5 y^{0.5}
U_B = x^3 y^{0.7}

Theorems

Contract Curve
Equilibrium Prices and Allocation

Suitable Grade Level

Advanced Undergraduate