Which of the Following Statements Expresses the Justification for Making

question 214

Multiple Choice

Which of the following statements expresses the justification for making the maximization of total economic surplus the first goal of economic interaction?

• A) It gives the poor an incentive to improve their economic status.
• B) Since consensus on what is a fair distribution of goods is impossible,it is the next best goal.
• C) People are not really concerned about the problems of the poor.
• D) It is too difficult to pursue more than one goal at a time.
• E) It allows other goals to be more fully achieved.

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Definitions:

Optic Nerve

The optic nerve is a crucial part of the eye and visual system, transmitting impulses from the retina to the brain to produce vision.

Ciliary Muscles

A ring of smooth muscle fibers in the eye's middle layer that adjusts the lens's curvature to focus on objects at varying distances.

Pupil Diameter

Pupil diameter refers to the size of the opening in the iris of the eye, which regulates the amount of light entering the eye.

Accommodate

To adjust or make room for something, often referring to the eye's ability to change focus on objects at different distances.