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{"ops":[{"insert":"8) An exchange economy comprising consumer 1 with Symmetric Cobb Douglas (CD) utility\u00a0\nfunction and 2 with Leontief utility function\n\u00a0\n( ) and\u00a0\n( ) * +\u00a0\n\u00a0and initial endowments available for each person to trade are:\u00a0\n\u00a0( ) ( )\n\u00a0( ) ( )\n\u00a0Price of good 1,\u00a0\na. Find the competitive equilibrium demands of person 1 and 2 for each good?\u00a0\nb. Find market clearing prices?\n"}]}
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