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In Problem 3, Professor Nightsoil's Utility Function Is UN(BN, PN)

Question 24

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In Problem 3, Professor Nightsoil's utility function is UN(BN, PN) In Problem 3, Professor Nightsoil's utility function is U<sub>N</sub>(B<sub>N</sub>, P<sub>N</sub>) and Dean Interface's utility function is U<sub>I</sub>(B<sub>I</sub>, P<sub>I</sub>) . If Nightsoil's initial endowment is 3 bromides and 20 platitudes and if Interface's initial endowment is 5 bromides and 15 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods, A) Interface consumes 7 platitudes. B) Nightsoil consumes the same ratio of bromides to platitudes as Interface. C) Interface consumes 4 bromides. D) Interface consumes 4 bromides E) Interface consumes 3 platitudes. and Dean Interface's utility function is UI(BI, PI) In Problem 3, Professor Nightsoil's utility function is U<sub>N</sub>(B<sub>N</sub>, P<sub>N</sub>) and Dean Interface's utility function is U<sub>I</sub>(B<sub>I</sub>, P<sub>I</sub>) . If Nightsoil's initial endowment is 3 bromides and 20 platitudes and if Interface's initial endowment is 5 bromides and 15 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods, A) Interface consumes 7 platitudes. B) Nightsoil consumes the same ratio of bromides to platitudes as Interface. C) Interface consumes 4 bromides. D) Interface consumes 4 bromides E) Interface consumes 3 platitudes. . If Nightsoil's initial endowment is 3 bromides and 20 platitudes and if Interface's initial endowment is 5 bromides and 15 platitudes, then at any Pareto efficient allocation where both persons consume positive amounts of both goods,


A) Interface consumes 7 platitudes.
B) Nightsoil consumes the same ratio of bromides to platitudes as Interface.
C) Interface consumes 4 bromides.
D) Interface consumes 4 bromides
E) Interface consumes 3 platitudes.

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