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Alice's utility function is U(x, y)=x2y.Steve's utility function is U(x, y)= x2y + 2x.Alice and Steve have the same preferences since Steve's utility function is a monotonic transformation of Alice's.
Independence
The state of being free from control or influence from others, especially regarding political autonomy.
Compromising
The process of making concessions or reaching agreements where both parties give up something to resolve a conflict.
Spanish Control
The period of history when Spain established dominance over many territories worldwide, notably in the Americas, through conquest and colonization.
Northern California
A geographical region in the U.S. state of California characterized by its diverse landscapes, including the San Francisco Bay Area, the Sierra Nevada mountains, and the Redwood forests.
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