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Question 6 (5 points) The village of Oughtawa, Ontario, population 1,000, has a single public good, the town's outdoor skating rink (allegedly the world's largest),

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Question 6 (5 points) The village of Oughtawa, Ontario, population 1,000, has a single public good, the town's outdoor skating rink (allegedly the world's largest), and a single private good Fried-Dough (it's better than it sounds). Everyone's utility function is Ui(Xi, Y) = Xi - 640/Y where X; is the number of servings of Fried- Dough consumed by Z and Y is the size of the skating rink in square meters. The Fried-Dough is $1 per serving. The cost of the skating rink to the village is $16 per square meter. What is the Pareto efficient size for the village skating rink? O 200 m2 O 280 m2 340 m2 400 m2

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