problem in solving GE questions

[dakshayini]

SIR,
m not able to solve most of the GE questions... specially how to find competitive prices.
2005 q1,2,3,4
2006 q21,22,23
thankyou

[duck]

hello..

2006,

q21> option b bcoz the allocation (3,3) and (7,2)  lies on the 45degree line.. so it is pareto efficient however not competitive .. since competitive allocation for the economy is x1=[5,10], y1=5 while x2=10-x1 and  y2=0

q22> option a (mentioned above)

q23> option b ( as at all other price ratios markets will not clear)

for 2005,
refer the following link:

http://discussion-forum.2150183.n2.nabble.com/dse2005-td5190800.html#a5190800