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Other Fields Homework Help Economics Topic started by: pirex on Oct 18, 2017



Title: If a society only cares about efficiency and not equity, then
Post by: pirex on Oct 18, 2017
If a society only cares about efficiency and not equity, then
A) all points on the contract curve yield the same level of social welfare.
B) it will not rely on competitive markets to allocate goods.
C) it will maximize the utility of its worst-off member.
D) an equitable outcome is impossible.


Title: Re: If a society only cares about efficiency and not equity, then
Post by: TecShdw on Oct 18, 2017
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