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hey there could you help me with this question QUESTION 28 Tania's utility function is U(F, L) = F. Her husband's utility function is U(F,
hey there could you help me with this question
QUESTION 28 Tania's utility function is U(F, L) = F. Her husband's utility function is U(F, L) = L. Suppose Tania's initial endowment is 25 units of F and 10 units of L and that Tania's husband's initial endowment is 24 units of F and 20 units of L. Then, in an Edgeworth box for Tania and her husband with Tania's origin on the bottom-left corner and goo F represented on the horizontal axis, an allocation of F and L will be Pareto optimal if and only if it is at the bottom-right corner of the box. O True FalseStep by Step Solution
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