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Author Question: If society were to maximize the utility of its best-off member, the final allocation would be A) ... (Read 39 times)

Wadzanai

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on: Jul 1, 2018
If society were to maximize the utility of its best-off member, the final allocation would be
 
  A) perfect equity.
  B) on the contract curve.
  C) Pareto efficient.
  D) one in which one person gets everything.

Question 2

What are the functions for MC and AC if TC = 100q + 100q2? Are the returns to scale increasing, decreasing, or constant?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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mfedorka

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Wadzanai

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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