Hatfield and McCoy Burn with Hatred for Each Other

question 11

Multiple Choice

Hatfield and McCoy burn with hatred for each other. They both consume corn whisky. Hatfield's utility function is and McCoy's utility is , where W_H is Hatfield's whisky consumption and W_M is McCoy's whisky consumption, measured in gallons. The sheriff has a total of 58 gallons of confiscated whisky which he could give back to them. For some reason, the sheriff wants them both to be as happy as possible and he wants to treat them equally. The sheriff should give them each

• A) 2 gallons and spill 54 gallons in the creek.
• B) 4 gallons and spill 50 gallons in the creek.
• C) 29 gallons.
• D) 8 gallons and spill the rest in the creek.
• E) 1 gallon and spill the rest in the creek.

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Definitions:

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Designated times allocated for teaching or delivering educational content within an academic or training context.

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The process or method of expressing or presenting ideas in text form.

Lactose Maldigestion Intolerance

A condition where the body is unable to properly digest lactose, leading to symptoms such as bloating, diarrhea, and gas.

Calcium Supplement

Dietary supplements taken to ensure adequate intake of calcium, a vital mineral for bone health and proper functioning of the heart and muscles.