12- The DWCBA is most relevant when the society cares about the distributional .. the alternative projects under consideration have different scales b. most of the costs accrue to one group while most of the benefits are enjoyed by anther c. poor people receive low incomes d. there is a budget constraint 13- DWCBA is used when, a. the society is willing to sacrifice efficiency to gain equity b. the society is willing to sacrifice equity to gain efficiency C. the society would like to gain both equity and efficiency d. None of the above
12- The DWCBA is most relevant when the society cares about the distributional .. the alternative projects under consideration have different scales b. most of the costs accrue to one group while most of the benefits are enjoyed by anther c. poor people receive low incomes d. there is a budget constraint 13- DWCBA is used when, a. the society is willing to sacrifice efficiency to gain equity b. the society is willing to sacrifice equity to gain efficiency C. the society would like to gain both equity and efficiency d. None of the above
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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