What is the in tuition for this result?
EC3346 Family EconomicsAssignment Problem SetAutumn 2020Dan AnderbergThe assignment has two questions, each worth 50 marks in total. Completeboth questions.Question 1Consider a couple, Betty and George,i= 1,2 respectively. Each partner hasprivate preferences over own consumption,ci, and a household public goodGwhich are given by:ui= logci+ logGThe total level of the public good,G, is simply the sum of […]