Problem
Up =(1/2)*ln(Tp) + (1/2)*ln(Mp + Mj)
UJ =(1/4)*ln(TJ) + (3/4)*ln(MP + MJ)
1. What is the expression for the amount of public goods that Jesse will provide in terms of MP, or Paige's monument spending?
2. Solve for the amount of M that each person will contribute and the total level of monument spending.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.