1.        Let two consumers havepreferences described by the utility function：

and theendowments described below:

a. Calculate theconsumers’ demand functions.

b. Selectinggood 2 as the numeraire, find the equilibrium price of good 1. Hence find

the equilibriumlevels of consumption.

c. Show that theconsumers’ indifference curves are tangential at the equilibrium

有两个图的，在附件里面。实在不懂，求赐教