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(a) [6pt] Find two such bundles, or explain why it is impossible. (b) [5pt] Suppose that the definition of Fehr-Schmidt preferences also imposes the condition

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(a) [6pt] Find two such bundles, or explain why it is impossible. (b) [5pt] Suppose that the definition of Fehr-Schmidt preferences also imposes the condition that o E [0.01, 1]. Find two bundles (x],y ) and (42, y?) that dis- tinguish between S- and FS-preferences as described above or explain why it is impossible

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