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:

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers together and then dividing by the count of those numbers.

Reliable

The quality of being consistently good in quality or performance; trustworthy.

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Memorable lines or dialogue from films that individuals personally enjoy or find meaningful.

Adventurous

Characterized by a willingness to undertake new and risky activities or experiences, often entailing physical challenges or travel.