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bwChgter 4: ?.kat Outcomes and Tathedren & old rectangle frame eye gasses-Google

ID: 1161211 • Letter: B

Question

bwChgter 4: ?.kat Outcomes and Tathedren & old rectangle frame eye gasses-Google Search y - Mesa Miramar-Continuing Ed. My Institution Open OnDemand Chapter 4·Inaaitive; Capter 4: Market Outcomes and Tax Incidence Page 118 4,2 When is a market efficient? Eric enjoys making pizza. When he makes pizza for his friends sometimes Eric cares about how the pieces are distributed, and sometimes he doesn't. Which of Eric's actions are associated with equity, and which of his actions are associated with efficiency? Equity Drag appropriate answerís) here He cuts the pie into eight equal slices He makes sure that the whole pie is eaten. He lets one person eat the whole pie He cuts the pie into many slices so that everyone gets a piece Drag appropriate answer's) here Efficiency

Explanation / Answer

Equity - he cuts the pie into many slices so that everyone gets a piece.

He cuts the pie into eight equal slices.

Efficiency - he makes sure that the whole pie is eaten

He lets one person eat the whole pie.