Question: Help me solve this assignment asap please, very confused! 4. (32 points) Two mushroom hunters (Arslan and Barbara) go mushroom-hunting in the same wood (a

Help me solve this assignment asap please, very confused!

Help me solve this assignment asap please, very confused! 4. (32 points)Two mushroom hunters (Arslan and Barbara) go mushroom-hunting in the same wood

4. (32 points) Two mushroom hunters (Arslan and Barbara) go mushroom-hunting in the same wood (a common pool resource) and have the following utility functions, in which y is output (number of mushrooms obtained) and e is effort (time spent mushroom-hunting in the wood per day). Aslan's utility: uf = y4 - -(e4)2 (1) Barbara's utility: uB = yB 6 (e B) 2 (2) The number of mushrooms they catch (y) depends on their hunting effort (the number of hours spent mushroom-hunting per day), according to the following production functions: Arslan's catch: y = (1 -eB)ed Co Barbara's catch: y = (1 - e)eB (4)(d) Is the Nash Equilibrium of this game Pareto efficient? Justify your answer mathematically or graphically

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