MsSpring Currently Earns $100,000 a Year,while Her Junior Partner,Mr

question 170

Multiple Choice

Ms.Spring currently earns $100,000 a year,while her junior partner,Mr.Fall,earns $55,000 a year.From the perspective of a utilitarian,if both of their incomes are subject to diminishing marginal utility,taking a dollar from Ms.Spring and giving it to Mr.Fall will

• A)increase society's total utility.
• B)lower Ms.Spring's marginal utility of income.
• C)increase Mr.Fall's marginal utility of income.
• D)None of the above is correct.

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Definitions:

Magnetizing

Refers to the process of inducing magnetic properties in a material, usually by placing it within a magnetic field or by passing an electric current through it.

Excitation

The process of supplying electrical current to the field windings of a motor or generator, stimulating it to generate a magnetic field or to operate.

Activating

The process of making a device or system operational, such as by applying electrical power or enabling its functions through a control mechanism.

Abolition Laws

Legislation aimed at ending the practice of slavery, with significant examples including the British Slavery Abolition Act of 1833 and the Emancipation Proclamation in the US.