Ken's Utility Function Is U(Q_K, W_K)=Q_KW_K and Barbie's Utility Function

question 26

Multiple Choice

Ken's utility function is U(Q_K, W_K) =Q_KW_K and Barbie's utility function is U(Q_B, W_B) =Q_BW_B.If Ken's initial endowment were 8 units of quiche and 11 units of wine and Barbie's endowment were 16 units of quiche and 11 units of wine, then at any Pareto optimal allocation where both persons consume some of each good,

• A)Barbie would consume twice as much quiche as Ken.
• B)Ken would consume 8 units of quiche for every 11 units of wine.
• C)Ken would consume 24 units of quiche for every 22 units of wine that he consumes.
• D)Barbie would consume 16 units of quiche for every 11 units of wine that she consumes.
• E)None of the above.

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Definitions:

Foreskin

The retractable fold of skin covering the head of the penis in uncircumcised males.

Glans

The sensitive bulbous structure at the distal end of the penis or clitoris, often involved in sexual arousal and pleasure.

Syphilitic Chancre

A painless ulcer that typically forms at the site of infection in the early stage of syphilis, a sexually transmitted infection caused by the bacterium Treponema pallidum.

Serous Discharge

A clear, thin, and watery fluid that can emanate from a wound, indicating either normal healing or the early stages of infection.