Which of the Following Statements Is (Are) True

question 149

Multiple Choice

Which of the following statements is (are) true?

• A) An efficient allocation of resources maximizes the net benefit of each activity.
• B) An efficient allocation of resources implies that the distribution of income is equitable.
• C) Judgments about equity are positive judgments.
• D) A and B are true.

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Definitions:

Solemn Explanation

A serious and thorough clarification or interpretation of a subject or event.

Cues of Deceit

Observable signs or indicators that may suggest an individual is lying or being deceptive.

Stigmas

Negative labels or stereotypes assigned to individuals or groups that are deemed to deviate from societal norms.

Social Networking Sites

Online platforms where individuals can interact, share content, and create an online community.