Kens Utility Function Is U(Q K, W K)= Q K

question 39

Multiple Choice

Kens utility function is U(Q K, W K) = Q K W K and Barbies utility function is U(Q B, W B) = Q B W B.If Kens initial endowment were 3 units of quiche and 11 units of wine and Barbies endowment were 6 units of quiche and 11 units of wine, then at any Pareto optimal allocation where both persons consumed some of each good,

• A)Ken would consume 3 units of quiche for every 11 units of wine that he consumed.
• B)Barbie would consume twice as much quiche as Ken.
• C)Ken would consume 9 units of quiche for every 22 units of wine that he consumed.
• D)Barbie would consume 6 units of quiche for every 11 units of wine that she consumed.
• E)None of the above.

---

Definitions:

Treatment Conditions

Refers to the specific variables or interventions applied to subjects in an experimental study.

Within-Subjects Design

A research design in which the same group of subjects is exposed to each condition or treatment.

Treatment Conditions

Specific situations or environments created within an experiment in which participants are exposed to a particular variable or intervention being tested.

Dependent Variables

The variables in an experiment that are expected to change as a result of manipulations to the independent variable.