Xavier and Yvette Are the Only Two Persons on a Desert

question 6

Multiple Choice

Xavier and Yvette are the only two persons on a desert island. There are only two goods, nuts and berries. Xavier's utility function is U(N_x, B_x) = N_xB_x. Yvette's utility function is U(N_y, B_y) = 2N_y + B_y. Xavier is endowed with 5 units of berries and 13 units of nuts. Yvette is endowed with 6 units of berries and 8 units of nuts. In a competitive equilibrium for this economy, how many units of berries does Xavier consume?

• A) 13.50
• B) 18.50
• C) 15.50
• D) 31
• E) None of the above.

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Definitions:

Bromochlorobenzoic Acid

A halogenated derivative of benzoic acid where both a bromine and chlorine atom are attached to the benzene ring, used in various chemical syntheses.

Structure

The arrangement or organization of parts to form a whole, commonly used in chemistry to describe the molecular arrangement of compounds.

Compound Name

The official or systemic name given to a chemical compound based on its structure and composition.

Mass Spectrum

A chart that shows the distribution of masses of atoms, molecules, or fragments, used to determine the chemical composition of a sample.