A Dictator Is Most Likely to

question 43

Multiple Choice

A dictator is most likely to

• A) adopt a Rawlsian social welfare function.
• B) maximize her own utility.
• C) place equal weight on everyone's utility function.
• D) have nontransitive preferences.

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Definitions:

Operating Activities

Operating activities refer to the day-to-day operations of a business that generate revenue and incur expenses, impacting the company's cash flow.

Accounts Receivable

Monetary amounts owed to a company by its customers for goods or services provided on credit.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Fiscal Year

A twelve-month period used for accounting purposes and preparing financial statements, not necessarily aligning with the calendar year.