Recall Bonnie and Clyde from Problem 5

question 19

Multiple Choice

Recall Bonnie and Clyde from Problem 5. Suppose that their total profits are 72H, where H is the number of hours they work per year. Their utility functions are, respectively, U_B(C_B, H) = C_B - 0.03H² and U_C(C_C, H) = C_C - 0.03H², where C_B and C_C are their private goods consumptions and H is the number of hours they work per year. If they find a Pareto optimal choice of hours of work and income distribution, the number of hours they work per year is

• A) 600.
• B) 700.
• C) 900.
• D) 250.
• E) 350.

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Definitions:

Oval Window

The membrane-covered opening that leads from the middle ear to the vestibule of the inner ear and is involved in the process of hearing.

Amplitude

In the context of waves, it is the height of the wave, which can determine the intensity or loudness of a sound.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.

Pitch

In acoustics, it is the quality of a sound governed by the rate of vibrations producing it; the degree of highness or lowness of a tone.