Two consumers hae identical utility functions uxy maxxy


Question: Two consumers hae identical utility functions, U(x,y) = Max(x,y). There are eight units of x and eight units of y. What are the pareto optimal allocations for this economy? Math not required (intuition question). If possible, include the Edgeworth box. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: Two consumers hae identical utility functions uxy maxxy
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