The Rawlsian Position Holds That Points That Are Not on the Utility

question 22

Multiple Choice

The Rawlsian position holds that points that are not on the utility possibilities frontier and therefore represent ______________ allocations may be desirable from a moral perspective if they are more ______________.

• A) inefficient, equitable
• B) inefficient, inequitable
• C) equitable, inefficient

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Definitions:

Open Pickup Truck

A light-duty truck with an open cargo area in the rear, often used for transporting goods and materials.

Appraised Value

The estimated monetary value of an asset determined by a professional appraiser based on its features and market conditions.

Land Account

An account on the balance sheet representing the cost of land owned by a company that is used in its operations.

Appreciated

Increased in value or worth over time, often used in the context of assets like property or investments.