If a Social Welfare Function Is an Increasing Function of Each

question 9

True/False

If a social welfare function is an increasing function of each person's utility, then every allocation that maximizes this social welfare function must be a Pareto optimum.

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Definitions:

Intrathecal

Refers to the administration of medications or other substances directly into the space under the arachnoid membrane of the brain or spinal cord.

Intramuscular

Referring to the administration of medication by injection directly into the muscle tissue.

Inhalation

The act of drawing air or other substances into the lungs, a critical process for respiratory function and administration of certain medications.

Intravenous

Pertaining to the administration of drugs, fluids, or nutrients directly into a vein through a needle or tube.