Question

2. Assume that two people, Paul and Katie, are two people deciding how to split resources between them. Their utility possibilities curve is represented by Uk = sqrt(100 - Up^2), where Uk represents Katie's utility, and Up represents Paul's utility. Katie believes in a strictly utilitarian view of social welfare, and wants the allocation to reflect the optimal point from that view. Paul, on the other hand, is a strict Rawlsian. Draw a graph showing the shape of the UPC and at least one of Katie's social indifference curves and one of Paul's social indifference curves. Can the two people reach a consensus about the state of society?

Answer 1

Sol:-

its name was kattei and paul not.satcky and jim.sorry for spellmistake.thankew