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Suppose two people, A and B, are in love and care for the other's happiness as well as their own consumption. UA = (CAUB)1/2 UB= (CBUA)¹/2 Suppose they have 100 units of consumption to distribute, they will maximize the joint happiness (UA+ UB) where (a) CA= 100, CB=0. (b) CB 100, CA = 100. (c) CA = 67, CB = 33. (d) CB= 50, CA = 50. I

Suppose two people, A and B, are in love and care for the other's happiness as well as their own consumption. UA = (CAUB)1/2 UB= (CBUA)¹/2 Suppose they have 100 units of consumption to distribute, they will maximize the joint happiness (UA+ UB) where (a) CA= 100, CB=0. (b) CB 100, CA = 100. (c) CA = 67, CB = 33. (d) CB= 50, CA = 50. I

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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19. Suppose two people, A and B, are in love and care for the other's happiness as well as their own consumption. UA = (CAUB)¹/2 UB= (CBUA)¹/2 Suppose they have 100 units of consumption to distribute, they will maximize the joint happiness (UA + UB) where (a) CA= 100, CB = 0. (b) CB 100, CA = 100. (c) CA = 67, CB = 33. (d) CB= 50, CA = 50. I
Transcribed Image Text:19. Suppose two people, A and B, are in love and care for the other's happiness as well as their own consumption. UA = (CAUB)¹/2 UB= (CBUA)¹/2 Suppose they have 100 units of consumption to distribute, they will maximize the joint happiness (UA + UB) where (a) CA= 100, CB = 0. (b) CB 100, CA = 100. (c) CA = 67, CB = 33. (d) CB= 50, CA = 50. I
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