If a society only cares about efficiency and not equity,then

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When a society only cares about efficiency and not equity, it implies that their sole focus is on maximizing overall productivity and output without regard to the distribution of benefits or resources among individuals. In such a scenario, the only concern is achieving the highest possible level of social welfare, and any point on the contract curve would yield the same level of social welfare, making all points on the curve equally desirable. Hence, option A is the correct choice. Option B is incorrect because competitive markets would still be relied upon to allocate goods even if equity isn't a societal concern. Option C is incorrect because maximizing the utility of the worst-off member implies equitable considerations, which conflicts with the premise of a society that only cares about efficiency. Option D is also incorrect because equitable outcomes are still possible, although they aren't prioritized.

If a Society Only Cares About Efficiency and Not Equity,then