Derive the conditions for a Pareto Optimum 1n an economy 1n which there 1s only one person with utility function Ufx,y) and two industries with
Derive the conditions for a Pareto Optimum 1n an economy 1n which there 1s only one person with utility function Ufx,y) and two industries with production functions x = f(l,) and y = g(ly) where the total amount of land in the economy is L where L = [, + [,,. Show your work. Assume all functions have the standard properties
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