Question: Suppose there are two consumers A and B,a nd two goods, X and Y. Consumer A views the two goods as perfect complements and has
Suppose there are two consumers A and B,a nd two goods, X and Y. Consumer A views the two goods as perfect complements and has U=min(X,Y). Consumer B views the two goods as perfect substitutes and has U=X+Y. There are 20 units of good X and 10 units of good Y available. For each of the following allocations state True if the allocation is Pareto efficient, and FALSE if it is not. 2. Consumer B gets all of both goods
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