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    "meta_title": "[Solved] Arrakis is a planet without much water. T | SolutionInn",
    "meta_description": "Answer of - Arrakis is a planet without much water. There are two uses for water: consumption by local inhabitants, which creates | SolutionInn",
    "meta_keywords": "arrakis,planet,water,two,consumption,local,inhabitants,creates,utility,8w,1,2",
    "question_title_h1": "Arrakis is a planet without much water. There are two uses for water: consumption by local inhabitants, which creates local utility u(w) = 8w 1",
    "question_title": "Arrakis is a planet without much water. There are two uses for",
    "question_title_for_js_snippet": "Arrakis is a planet without much water  There are two uses for water  consumption by local inhabitants, which creates local utility u(w)   8w 1 2 w2 for w units of water, and spice mining, which creates profits (w)   4w 1 2 w2  (a) Suppose that we care equally about utility and profits and that there is a total of w   4 units of water on Arrakis  What is the first best allocation of water",
    "question_description": "Arrakis is a planet without much water. There are two uses for water: consumption by local inhabitants, which creates local utility u(w) = 8w  1 2 w2 for w units of water, and spice mining, which creates profits (w) = 4w  1 2 w2. (a) Suppose that we care equally about utility and profits and that there is a total of w = 4 units of water on Arrakis. What is the first-best allocation of water",
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