Sven, Art, and Isabel Reside on a Tiny Island in the Pacific

question 29

Multiple Choice

Sven, Art, and Isabel reside on a tiny island in the Pacific. All three of them have a utility function given by U = Y^0.5, where Y is income per day. Suppose that Sven earns $7 per day, Art earns $25 per day, and Isabel earns $36 per day. What happens to the value of the utilitarian social welfare function If the government takes $9 of Art's income and gives it to Sven?

• A) The utilitarian social welfare function will increase from 13.65 to 14.
• B) The utilitarian social welfare function will remain unchanged at 68.
• C) The utilitarian social welfare function will decrease from 15.50 to 12.30.
• D) The utilitarian social welfare function will increase from 8.20 to 12.

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Definitions:

Hornworts

A group of non-vascular plants belonging to the division Anthocerotophyta, characterized by a horn-like structure which is the sporophyte growing from a flat, green thallus.

Alternation of Generations

A type of life cycle characteristic of plants and a few algae and fungi in which they spend part of their life in a multicellular n gametophyte stage and part in a multicellular 2n sporophyte stage.

Gametophyte

The reproductive stage in the life cycle of plants and algae where gametes, the cells responsible for reproduction, are created.

Sporophyte

The diploid multicellular stage in the life cycle of plants and algae that produces spores through meiotic division.