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Can someone explain this one question CLEAR and as simple as
possible to me. The answer is correct by that way.

Question: Can someone explain this one question CLEAR and as simple aspossible to me. The answer is correc...

Show transcribed image text James and Karen are the only two people in our pure exchange economy. Their 30. utility functions are given by: x 2 James I/2v 1/2. Karen Along the contract curve, Karen's ratio of Y to x will be: a. 2:1 1:1 b. 1:2 Between 1:1 and 1:2

James and Karen are the only two people in our pure exchange economy. Their 30. utility functions are given by: x 2 James I/2v 1/2. Karen Along the contract curve, Karen's ratio of Y to x will be: a. 2:1 1:1 b. 1:2 Between 1:1 and 1:2