Table: Melinda and Lucinda $$\begin{array} { c c c }
\hline \text { Income } & \begin{array} { c }
\text { Melinda's utility } \
\text { from income }
\end{array} & \begin{array} { c }
\text { Lucinda's utility } \
\text { from income }
\end{array} \
\hline \$ 10,000 & 100 & 200 \
20,000 & 180 & 300 \
30,000 & 250 & 350 \
40,000 & 310 & 380 \
50,000 & 360 & 400 \
60,000 & 400 & 410 \
70,000 & 425 & 415 \
80,000 & 435 & 417 \
\hline
\end{array}$$ Refer to the table. This society consists of two people: Melinda and Lucinda. Melinda earns $80,000 and Lucinda earns $20,000. To maximize society's total utility (the sum of Melinda's and Lucinda's utility), the government should take ______ from Melinda and give it to Lucinda.
A) $30,000
B) $10,000
C) $20,000
D) $40,000

Question

Table: Melinda and Lucinda $$\begin{array} { c c c } 
\hline \text { Income } & \begin{array} { c } 
\text { Melinda's utility } \
\text { from income }
\end{array} & \begin{array} { c } 
\text { Lucinda's utility } \
\text { from income }
\end{array} \
\hline \$ 10,000 & 100 & 200 \
20,000 & 180 & 300 \
30,000 & 250 & 350 \
40,000 & 310 & 380 \
50,000 & 360 & 400 \
60,000 & 400 & 410 \
70,000 & 425 & 415 \
80,000 & 435 & 417 \
\hline
\end{array}$$ Refer to the table. This society consists of two people: Melinda and Lucinda. Melinda earns $80,000 and Lucinda earns $20,000. To maximize society's total utility (the sum of Melinda's and Lucinda's utility), the government should take ______ from Melinda and give it to Lucinda.
A) $30,000
B) $10,000
C) $20,000
D) $40,000

Quizplus · Accepted Answer

The Answer of Table: Melinda and Lucinda $$\begin{array} { c c c } 
\hline \text { Income } & \begin{array} { c } 
\text { Melinda's utility } \
\text { from income }
\end{array} & \begin{array} { c } 
\text { Lucinda's utility } \
\text { from income }
\end{array} \
\hline \$ 10,000 & 100 & 200 \
20,000 & 180 & 300 \
30,000 & 250 & 350 \
40,000 & 310 & 380 \
50,000 & 360 & 400 \
60,000 & 400 & 410 \
70,000 & 425 & 415 \
80,000 & 435 & 417 \
\hline
\end{array}$$ Refer to the table. This society consists of two people: Melinda and Lucinda. Melinda earns $80,000 and Lucinda earns $20,000. To maximize society's total utility (the sum of Melinda's and Lucinda's utility), the government should take ______ from Melinda and give it to Lucinda.
A) $30,000
B) $10,000
C) $20,000
D) $40,000

Table: Melinda and Lucinda Refer to the Table