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Derive the conditions for a Pareto Optimum in an economy in which there is only one person with utility function U(x,y) and two industries with
Derive the conditions for a Pareto Optimum in an economy in which there is only one person with utility function U(x,y) and two industries with production functions = ($ ) and = (% ) where the total amount of land in the economy is L where = $ % . Show your work. Assume all functions have the standard properties
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