Question
Umar has the utility function U(b,w) = min
(b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the horizontal axis and w on the vertical axis and if we measure Umar’s consumptions from the lower left corner of the box, then the contract curve containsSolution
Can be verified after drawing IC for both 
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i...
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