Identify the points that are pareto efficient

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Question: Consider an Edgeworth economy where there are two citizens , Mr. Cortopassi and Ms. Thomas . There are only two goods to be consumed in the economy , Beer and Pretzels . The total amount of Beer is 12 units . The total amount of Pretzels is 12 units . Suppose Mr. Cortopassi has utility for the two goods characterized as Uc ( B , P ) -2B + P . Ms. Thomas's utility function is UT ( B , P ) = B + P . Identify the points that are Pareto efficient.

Reference no: EM133287624

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