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Author Question: Preferences can be described as A) what a person likes and dislikes. B) the income opportunities ... (Read 31 times)

tiara099

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on: Jun 29, 2018
Preferences can be described as
 
  A) what a person likes and dislikes.
  B) the income opportunities of several activities.
  C) feasible consumption combinations.
  D) the relative prices of goods and services.

Question 2

Utilitarianism is the idea that only
 
  A) competition brings efficiency.
  B) efficiency brings equality.
  C) income equality is fair.
  D) efficiency is fair.


T4T

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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