Dear Chegg expert,

Please support me to solve this question. Thank you very much in advance!

Question 1: The consumer maximizes U (C, 1) = A ln (C) + B In (1) (where A and B are both parameters with positive values), subject to C+ wl 1, the social planner favors type-A it, simply assume that this problem has a corner solution: a type-A consumer over type-B. If 1, the social planner favors type-A it, simply assume that this problem has a corner solution: a type-A consumer over type-B. If