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Xavier and Yvette Are the Only Two Persons on a Desert

question 15

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Xavier and Yvette are the only two persons on a desert island.There are only two goods, nuts and berries.Xavier's utility function is U(Nx, Bx) = NxBx.Yvette's utility function is U(Ny, By) = 5Ny + By.Xavier is endowed with 4 units of berries and 13 units of nuts.Yvette is endowed with 6 units of berries and 8 units of nuts.In a competitive equilibrium for this economy, how many units of berries does Xavier consume?

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The National Labor Relations Act, an essential law in the realm of US labor, ensures that employees have the right to organize themselves and to conduct collective negotiations with their employers.

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