« previous next »

Author Question: The Rawlsian view of equity would lead to: A) equal allocations of goods across all persons. B) ... (Read 54 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jul 1, 2018
The Rawlsian view of equity would lead to:
 
  A) equal allocations of goods across all persons.
  B) maximizing the utility of the least-well-off person.
  C) maximizing the total utility of all society members.
  D) none of the above

Question 2

A Cobb-Douglas production function:
 
  A) exhibits constant returns to scale.
  B) exhibits increasing returns to scale.
  C) exhibits decreasing returns to scale.
  D) can exhibit constant, increasing, or decreasing returns to scale.


mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Serving unfamiliar foods repeatedly and asking the child to try a bite can lead to gradual ... Serving unfamiliar foods repeatedly and asking the child to try a bite can lead to gradual ...
EHR systems enable providers to view patient records across organizations. EHR systems enable providers to view patient records across organizations.
Sensor and Lead Placement and Marking Codes Sensor and Lead Placement and Marking Codes
Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ... Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ...
Superior view of lumbar vertebrae Superior view of lumbar vertebrae
Anterior view of the lacrimal apparatus Anterior view of the lacrimal apparatus
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library