If the Initial Distribution of Two Goods Between Two People

question 114

Multiple Choice

If the initial distribution of two goods between two people is Pareto optimal, which of the following statements is TRUE?

• A) It is possible to reallocate the goods between the two people so as to increase the utility of both people.
• B) It is possible to reallocate the goods between the two people so as to increase the utility of one person without decreasing the utility of the other.
• C) It is possible to reallocate the goods between the two people so as to increase the utility of one person, but only at the expense of the other person.
• D) It is impossible to reallocate the goods between the two people so as to increase either person's utility.
• E) none of the above

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Definitions:

Impression Management

The method through which people try to influence the perceptions others have about them, particularly during social engagements and presentations.

Erving Goffman

A sociologist famed for contributions to symbolic interactionism and the theory of self-presentation in daily life.

George Herbert Mead

An American sociologist, philosopher, and psychologist known for his work on symbolic interactionism and social self-concept.

Developmental Milestones

Specific functional and physical abilities seen in infants and children as they grow and develop, used to gauge their progress against typical patterns.