Author Question: Every allocation of goods in a one good world is efficient because: a. MRSs are equalized. b. ... (Read 61 times)

jjjetplane · **on:** Jul 1, 2018

Every allocation of goods in a one good world is efficient because:
a. MRSs are equalized.
b. there is enough to go around for everyone.
c. no one can be made better off without making someone else worse off.
d. it doesn't matter to whom an extra unit of the good is given.

Question 2

Which of the following is (are) a guideline(s) to be used in the estimation of cash flows?
a. cash flows should be measured on an incremental basis
b. cash flows should be measured on an after-tax basis
c. all the indirect effects of the project should be included
d. all of the above
e. none of the above