e) Assume that Crusoe's and Friday's utility functions are described.docx

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e) Assume that Crusoe's and Friday's utility functions are described in Table 7.1 (above). Assume now, though, that initially Crusoe has 6 oranges and Friday has 2. Assume that for every two oranges taken away from Crusoe, Friday only gets one (one gets lost in the process). What does the utility possibilities schedule look like now? Which of the feasible allocations maximizes social welfare with a utilitarian social welfare function? With a Rawlsian social welfare function? Explain. .

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