Business, 23.11.2019 04:31 cteal7507

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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Which of the following is correct?
a. efficiency deals with the size of the economic pie, an...

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