Problem
You and a friend are on holiday on a remote island but you have forgotten to bring any food. A fixed supply of coconuts is the only thing available to eat. Show that any allocation of the coconuts is a point on the contract curve. What is the core of this contract curve? What allocation might you agree?
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.