The graph below shows the trade-off between scononic output and equality in an e

Question

The graph below shows the trade-off between scononic output and equality in an economy Clck on the point ef the graph that mendrizns equally The dowward slope of the aurve from point C onwards O Output is more important than equaity increasing equainy has detinental elect on ecenemie output o Ircreasing equality has a postive efflect on econonic output O Equality is more important than cutput What is the socially optimal level of output? O R is not possible to tail rom this graph. Incorrect Pick the one poit above that manmicesequaity wihoul saonliong cutpul? Ol E

Explanation / Answer

Socially optimum output should be between B and C.

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