Problem
Assume that Crusoe's and Friday's utility functions are described in Problem I. But assume now that initially Crusoe has six oranges and Friday two. Assume that for every two oranges taken away from Crusoe, Friday gets only one, an orange being lost in the process. What does the utility possibilities schedule look like now? Which of the feasible allocations maximizes social welfare with a utilitarian social welfare function? With a Rawlsian social welfare function?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.