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Author Question: When economic analysis takes place within the context of maximizing a social welfare function, the ... (Read 73 times)

nelaaney

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  • Posts: 560
on: Jul 1, 2018
When economic analysis takes place within the context of maximizing a social welfare function, the conclusion always is _____.
 
  a. that income should be completely redistributed
  b. that income should not be redistributed at all
  c. that some level of redistribution is optimal
   d. that income redistribution has no relations to maximizing social welfare

Question 2

A consumer could screen the quality of a pizza joint by
 
  A) asking friends.
  B) using online rating sites.
  C) watching the chef prepare the pizza.
  D) All of the above.


olivia_paige29

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

D


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