In Problem 3, Professor Nightsoil's Utility Function Is U_N(B_N, P_N)

question 21

Multiple Choice

In Problem 3, Professor Nightsoil's utility function is U_N(B_N, P_N) and Dean Interface's utility function is U_I(B_I, P_I) . If Nightsoil's initial endowment is 6 bromides and 20 platitudes and if Interface's initial endowment is 2 bromides and 10 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods,

• A) Nightsoil consumes the same ratio of bromides to platitudes as Interface.
• B) Interface consumes 6 platitudes.
• C) Interface consumes 4 bromides.
• D) Interface consumes 4 bromides
• E) Interface consumes 2 platitudes.

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Definitions:

Iris

The colored ring of muscle around the pupil of the eye, responsible for controlling the size of the pupil and thus the amount of light reaching the retina.

Vitreous Humour

A clear, gel-like substance that fills the space between the lens and the retina in the eyeball, helping to maintain its shape and optical properties.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing to the eye's ability to focus.

Peripheral Vision

The part of vision that occurs outside the very center of gaze, involving the detection of movement and shapes but not detailed images, crucial for spatial awareness and detecting potential hazards.