Consider an economy with 100 pieces of apple (A) and 150 pieces of banana (B) that must be completely distributed to individuals 1 and 2. The utility function of the two individuals, U1 & U2, is given by U1 (A1,B1) = 2A2 + B2 & U2 (A2,B2) = 2A2B2, respectively. With this information, recommend an efficient allocation of the two goods between the two individuals. Discuss and show the necessary solution to support your recommendation

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider an economy with 100 pieces of apple (A) and 150 pieces of banana (B) that must be completely distributed to individuals 1 and 2. The utility function of the two individuals, U1 & U2, is given by U1 (A1,B1) = 2A+ B2 & U2 (A2,B2) = 2A2B2, respectively. With this information, recommend an efficient allocation of the two goods between the two individuals. Discuss and show the necessary solution to support your recommendation

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