Professor Nightsoil's Utility Function Is U_N(B_N, P_N)= B_N + 4p^1/2_N

question 22

Multiple Choice

Professor Nightsoil's utility function is U_N(B_N, P_N) = B_N + 4p^1/2_N and Dean Interface's utility function is U_I(B_I, P_I) =B_I +2p^1/2_I.If Nightsoil's initial endowment is 4 bromides and 15 platitudes and if Interface's initial endowment is 7 bromides and 15 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods,

• A)Interface consumes 3 bromides.
• B)Interface consumes 5.50 bromides.
• C)Nightsoil consumes the same ratio of bromides to platitudes as Interface.
• D)Interface consumes 6 platitudes.
• E)Interface consumes 3 platitudes.

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Definitions:

Output Status

The current condition or state of an output device, indicating whether it is active, inactive, or in a fault condition.

MCR Instruction

Stands for "Master Control Reset," a programmable logic controller (PLC) instruction used to control the execution of a block of logic.

Ladder Program

A graphical programming language resembling the rungs of a ladder, used for programming PLCs (Programmable Logic Controllers).

Disable Zone

A safety or control feature in machinery that temporarily disables operation in a specific area or zone for protection or maintenance purposes.