Which of the Following Is Correct

question 21

Multiple Choice

Which of the following is correct?

• A)Efficiency deals with the size of the economic pie,and equality deals with how fairly the pie is sliced.
• B)Equality can be judged on positive grounds whereas efficiency requires normative judgments.
• C)Efficiency is more difficult to evaluate than equality.
• D)Equality and efficiency are both maximized in a society when total surplus is maximized.

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Definitions:

Emotional or Rational

Describes the nature of decision-making processes or appeals, whether they are based on feelings and emotions or logic and reasoning.

Informational or Experiential

Referring to marketing techniques that either provide valuable information to consumers or offer them memorable experiences.

Content Mix

Content mix refers to the strategic variety of content types and topics published by a brand or individual, aiming to engage different audience segments and meet various goals.

Brand-Centric

A marketing approach that focuses predominantly on promoting and enhancing the identity and values of a particular brand in the minds of consumers.