A small economy has only two consumers, Ben and Penelope.Ben's utility function is U(x; y) = x + 84y1/2 .Penelope's utility function is U(x; y) = x + 7y.AtaPareto optimal allocation in which both individuals consume some of each good, how much y d
2024-01-13
A small economy has only two consumers, Ben and Penelope.Ben's utility function is U(x; y) = x + 84y1/2 .Penelope's utility function is U(x; y) = x + 7y.AtaPareto optimal allocation in which both individuals consume some of each good, how much y does Ben consume?
A.36
B.6.5
C.12
D.13
参考答案:
36
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