# ECOn m/c Ann's utility function is uA (XA, G) = XAG and Meg's utility function is...

###### Question:

ECOn m/c

Ann's utility function is uA (XA, G) = XAG and Meg's utility function is UM(XM, G) = XM +0.5G, where is their expenditure (in dollars) on the public good they share and where X A and X m are their respective private consumption expenditures (in dollars). The total amount they have to spend on private and public goods is $11,000. They agree on a Pareto optimal pattern of expenditures in which the amount that is spent on Meg's private consumption is$2,000. How much do they spend on public goods? Select one: a. $6,400 b.$6,000 c. $5,400 d.$5,000 e. There is not enough information to determine the answer.

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