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3. Suppose you have a society of n identical individuals. Each individual likes his or her material possessions as well as access to parks and
3. Suppose you have a society of n identical individuals. Each individual likes his or her material possessions as well as access to parks and wilderness areas. The utility function for each individual is U(x, H) = x + H H where r is consumption goods and H is environmental health. I attains its highest level when the environment is pristine: H = 100 (i.e., H is on a scale from 0 to 100 or 0
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