You and a friend are on holiday on a remote island but you, Engineering Mathematics

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You and a friend are on holiday on a remote island but you

Question: 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?

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Engineering Mathematics: You and a friend are on holiday on a remote island but you

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