Suppose the total income of an economy is analogous to a pizza, with the division of the pizza representing income distribution. The relevance of this analogy to income distribution would be best reflected in which one of the following questions?
A) If resources are used to make pizza, what other goods and services must be given up to do this?
B) If cutting a pizza in more equal slices shrinks the pizza, how much shrinkage will society tolerate?
C) If pizza workers were paid more money, would they become more productive workers for society?
D) If pizza sales increase, would pizza companies redistribute the profits to their employees?
Correct Answer:
Verified
Q240: Q241: Suppose Rita obtains 10 units of utility Q242: The necessity to maintain incentives to work Q243: A reduction in the redistribution of income Q244: Which of the following is not one Q246: Which of the following would be considered Q247: Since 1980, the distribution of household income Q248: Which of the following would be evidence Q249: Reasons for the growing income inequality in Q250: ![]()
A)lowers![]()
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