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 69 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
Wow, this really help

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

The structure and function of the human testis. The structure and function of the human testis.
How to find the anti-derivative of a function (Part 1) How to find the anti-derivative of a function (Part 1)
A Healthy Body Weight A Healthy Body Weight
The Survivorship Function for Women in Sweden The Survivorship Function for Women in Sweden
Discrete random variables- Probability Distribution Function Discrete random variables- Probability Distribution Function
Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ... Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ...
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library