Who argued that welfare is improved when 'the greatest good (is secured) for the greatest number'
A) walras
B) adamsmith
C) bentham
D) pareto
Correct Answer:
Verified
Q4: The permanent increment to future consumption expressed
Q5: Diversifiable risk can be eliminated by
A)investing in
Q6: Non diversifiable risk affects I. the opportunity
Q7: Several combination of commodities x and y
Q8: Who opined that economic growth meant bringing
Q10: Which criterion refers to economic efficiency which
Q11: The sum of forgone interest and depreciation
Q12: The marginal conditions must be satisfied for
Q13: Points where the slopes of the isoquants
Q14: The set of all Pareto efficient allocations
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