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pirex pirex
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Posts: 634
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6 years ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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#1
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6 years ago
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pirex Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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this is exactly what I needed
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Helped a lot
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