Alice has 10lbs of cheese and 12 bottles of wine while bill, Business Economics

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Alice has 10lbs of cheese and 12 bottles of wine while bill

In an economy with 16lbs of cheese and 20 bottles of wine Alice and bills utility functions are

Ua=2w+C

Ub=W+2C

Alice has 10lbs of cheese and 12 bottles of wine while bill has 6lbs of cheese and 8 bottles of wine

Is this an efficient allocation? If no find a Preto superior allocation. Indicate the contract curve

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Business Economics: Alice has 10lbs of cheese and 12 bottles of wine while bill

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Business Economics: Alice has 10lbs of cheese and 12 bottles of wine while bill

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