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

question 8

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 + p^1/2_I.If Nightsoil's initial endowment is 5 bromides and 10 platitudes and if Interface's initial endowment is 2 bromides and 10 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods,

• A)Interface consumes 4 platitudes.
• B)Nightsoil consumes the same ratio of bromides to platitudes as Interface.
• C)Interface consumes 3.50 bromides.
• D)Interface consumes 2 bromides.
• E)Interface consumes 2 platitudes.

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Definitions:

Executive Employees

High-level employees of a company who have significant decision-making powers.

Performance Feedback

The process of giving employees information and evaluations regarding their job performance, aiming to reinforce positive behaviors and correct any deficiencies.

Nondevelopmental Approach

A strategy or method that does not focus on growth or development, typically in the context of policies or educational systems.

One-Way Communication

Communication in which information flows in a single direction, from the sender to the receiver, without feedback.