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Suppose That Paul and David from Problem 7 Have Utility

question 13

Multiple Choice

Suppose that Paul and David from Problem 7 have utility functions U = 5AP + OP and U = AD + 3OD, respectively, where AP and OP are Paul's consumptions of apples and oranges and AD and OD are David's consumptions of apples and oranges. The total supply of apples and oranges to be divided between them is 14 apples and 14 oranges. The "fair" allocations consist of all allocations satisfying


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