This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At a given point in time, the Rawlsian welfare function gives equal weight to each individual's ... (Read 35 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
At a given point in time, the Rawlsian welfare function gives equal weight to each individual's utility.
 
  Indicate whether the statement is true or false

Question 2

In the short run, the expansion path is
 
  A) horizontal.
  B) vertical.
  C) diagonal.
  D) indeterminate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Answer to Question 1

False. The Rawlsian welfare function gives a weight of 1 to the utility of the worst-off person and a weight of zero to the utilities of all others.

Answer to Question 2

A


eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

The structure and function of the GABA-A receptor. The structure and function of the GABA-A receptor.
How to plot a sine function with a negative amplitude and phase shift (Question 3 of 3) How to plot a sine function with a negative amplitude and phase shift (Question 3 of 3)
How to plot a cosine function containing an amplitude and phase-shift (Question 1 of 2) How to plot a cosine function containing an amplitude and phase-shift (Question 1 of 2)
How to sketch a complicated function using calculus How to sketch a complicated function using calculus
The Production Function The Production Function
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library