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In an economy with 2 people, X and Y, has the social welfare function of ux+2uy and the utility possibilities frontier of upf= 3ux+uy .
In an economy with 2 people, X and Y, has the social welfare function of ux+2uy and the utility possibilities frontier of upf= 3ux+uy . a. What type of social welfare function does the economy have? b. At what utility levels of X and Y, does this economy achieves social optimum
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