Amanda and Bill consume the exact same quantities of every consumption item,but Amanda gets to make her consumption choice decisions on how to spend her income while Bill's consumption levels are dictated by the government.According to economist-philosophers like Amartya Sen,which of the following statement is true?
A) Amanda has a higher well-being
B) Bill has a higher well-being
C) Amanda and Bill have the same well-being since the utility from the consumption choices is the same for both of them.
D) There is no way we can compare Amanda and Bill's well-being.
Correct Answer:
Verified
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