Question: a. Let the social welfare function be W = UL. + UA where Ur and UA are the utilities of Livia and Augustus, respectively. Graph

 a. Let the social welfare function be W = UL. +

a. Let the social welfare function be W = UL. + UA where Ur and UA are the utilities of Livia and Augustus, respectively. Graph the social indifference curves. How would you describe the relative importance assigned to their respective well-being? b. Repeat part a when W = Ur. + 2UA

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