which of the two is Pareto optimal V= In x1 + 2 In x2 u= 2 In x1 + In x2

ENGR.ECONOMIC ANALYSIS
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which of the two is Pareto optimal
V= In x1+ 2 In x2
u= 2 In x1+ In x2
(1,2) (2,1)
(2,1) (1,2)
(1.5, 1.5) (1.5, 1.5)
(3,0) (0,3)
Transcribed Image Text:which of the two is Pareto optimal V= In x1+ 2 In x2 u= 2 In x1+ In x2 (1,2) (2,1) (2,1) (1,2) (1.5, 1.5) (1.5, 1.5) (3,0) (0,3)
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