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s] Consider an economy with 100 agents and two consumption goods. All agents have the same utility function, u (x1; x2) = p3 x 2 1x2.

s] Consider an economy with 100 agents and two consumption goods. All agents have the same utility function, u (x1; x2) = p3 x 2 1x2. Among these agents, 20 of them are each endowed with e = (2; 4) and 80 with e = (4; 2). Normalize p2 = 1. Calculate the Walrasian equilibrium price p1.

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