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Problem 2. Consider the following 2 x 2 exchange economy. Consumer A possesses initial endow- ments wA = (3/2, 1/2) and has preferences represented

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Is there someone who can help with this assignment? I’m not sure how to draw the things inside the box.Problem 2. Consider the following 2 x 2 exchange economy. Consumer A possesses initial endow-ments wA = (3/2, 1/2) and has preferences represented by the utility functionuA(xt, et) = min{2xf, rf}Consumer B possesses initial endowments w5 = (1/2, 3/2) and has preferences represented by the utilityfunctionu B(xp, x2) = min{ap , r? }Illustrate in an Edgeworth box the following sets:(a) Pareto efficient allocations. Include a few indifference curves.(b) Core allocations.(c) Fair allocations. Give detailed explanations of all necessary computations.

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