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Author Question: If a society only cares about efficiency and not equity, then A) all points on the contract curve ... (Read 74 times)

KWilfred

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on: Jul 1, 2018
If a society only cares about efficiency and not equity, then
 
  A) all points on the contract curve yield the same level of social welfare.
  B) it will not rely on competitive markets to allocate goods.
  C) it will maximize the utility of its worst-off member.
  D) an equitable outcome is impossible.

Question 2

What are the functions for MC and AC if TC = 20q + 10q2?
 
  A) MC = 20q; AC = 10q2
  B) MC = 20 + 20q; AC = 20 + 10q
  C) MC = 20 + 10q; AC = 10 + 10q2
  D) MC = 20 + 20q; AC = 10q
Microeconomics ¦ Perloff ¦ 8th Edition
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courtney_bruh

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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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KWilfred

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

amcvicar

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

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