Suppose a man and a woman are in love and care for the other's happiness as well as their own consumption. Suppose the man is more selfish than the woman UM = CM2/3 UW1/3 UW = CW1/2 UM1/2 They will maximize the joint happiness (UM + UW) where
a. CM = 100; CW = 0
b. CW = 100; CM = 100
c. 50 < CM < 100; 0 < CW < 50
d. 50 < CW < 100; 0 < CM < 50
c
Economics
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