You are a parent living in the 2010s with a child who continues to live in the 2020s after you die and a grandchild who lives in the 2030s and continues to live after your child dies. There are two goods, x and y. The utility function of your child is U₂ = 7x + 5y + A) U₁ B) U₃ C) U₂₀₃₀

Question

Quizplus · Accepted Answer

The Answer of You are a parent living in the 2010s with a child who continues to live in the 2020s after you die and a grandchild who lives in the 2030s and continues to live after your child dies. There are two goods, x and y. The utility function of your child is U₂ = 7x + 5y + A) U₁ B) U₃ C) U₂₀₃₀

You Are a Parent Living in the 2010s with a Child