How much of the public good will be produced


Question 1: Each of three programmers has utility for their oviit time X. and for the public good that comes from a joint effort G = g1 + g2 + g3:

Utilifyi(Xi,G) = X3/4i * G1/4, and Ti = Xi + gi.

The programmers have total time of T1 = 16, T2 = 16, and T3 = 21, respectively.

Solving this problem either numerically or symbolically, how much of the public good will be produced and by whom?

Question 2: Do you think this arrangement is fair, and could you use the Yootles system to improve things?

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Microeconomics: How much of the public good will be produced
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