Background: In class it was stated that when (i) all agents have identical utility functions, (ii) the allocation x is such that all agents have the same consumption bundle, and (iii) all agents have Cobb-Douglass utility functions; then x is a Pareto Optimum. This statement is true and does need to be argued for in your answer to this quiz. Quiz Question: Give an example of a pure exchange economy with two goods a and b where (i) all agents have identical utility functions, (ii) the allocation x is such that all agents have the same consumption bundle, and (iii) all agents have maxmax utility functions (i.e. u(a,b) = max(a,b)), hs and (iv) x is not a Pareto Optimum. Style Hint: When constructing your answer you may focus on a mathematical analysis or a descriptive analysis. Ideally you would have aspects of both. You may wish to type your answer in the text field provided, or write, scan, and upload your solution, or a combination of these methods