Author Question: Employing utilitarianism as a measure of the public interest _____. a. is inconsistent with the ... (Read 299 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Employing utilitarianism as a measure of the public interest _____.
 
  a. is inconsistent with the concept of a social welfare function
  b. attempts to minimize the problems associated with market failure
  c. attempts to maximize total utility in a society
   d. avoids comparing individual's utilities

Question 2

If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food equals
 
  A) .
  B) .
  C) 1/2 .
  D) 1/2 .



aliotak

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

c

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library