Ten people are shipwrecked with water for only ten person


Ten people are shipwrecked with water for only ten person days, but it will take at least 10 days to reach shore( a person dies after ine day without water)

1. How would a Rawlsian allocate the water?

2. How would a Utilitarian allocate the water?

 

3. Draw the production possibility curve for two people in the above situation ( but with two days of water and two days of travel)

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Business Economics: Ten people are shipwrecked with water for only ten person
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