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Ola Has Utility Function Given By uO(wO,uG(wG))u_{O}\left(w_{O}, u_{G}\left(w_{G}\right)\right) And Gina Has a Utility Function Given By

Question 8

Multiple Choice

Ola has utility function given by uO(wO,uG(wG) ) u_{O}\left(w_{O}, u_{G}\left(w_{G}\right) \right) and Gina has a utility function given by uG(wG) u_{G}\left(w_{G}\right) . Ola is altruistic if which of the following is true?


A) uO(wO,uG(wG) ) wO0\frac{\partial u_{O}\left(w_{O}, u_{G}\left(w_{G}\right) \right) }{\partial w_{O}} \geq 0
B) uO(wO,uG(wG) ) wO<0\frac{\partial u_{O}\left(w_{O}, u_{G}\left(w_{G}\right) \right) }{\partial w_{O}}<0
C) uG(wG) wG>0\frac{\partial u_{G}\left(w_{G}\right) }{\partial w_{G}}>0
D) uO(wO,uG(wG) ) uG(wG) 0\quad \frac{\partial u_{O}\left(w_{O}, u_{G}\left(w_{G}\right) \right) }{\partial u_{G}\left(w_{G}\right) } \geq 0

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