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Table: Maximin Principle 2 Society Albert Barry $1,000 Colin Average Income $700 $1,000 $100 700 700 400 600 700 Y 2,000 1.000 50 50 2,000 300 1,100 If income is shown in dollars, according to Rawis's maximin principle, society O a. W; X is less preferred to society than Ob.Z; Y OC W; Y Od.X: Z

Table: Maximin Principle 2 Society Albert Barry $1,000 Colin Average Income $700 $1,000 $100 700 700 400 600 700 Y 2,000 1.000 50 50 2,000 300 1,100 If income is shown in dollars, according to Rawis's maximin principle, society O a. W; X is less preferred to society than Ob.Z; Y OC W; Y Od.X: Z

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Table: Maximin Principle 2 Society Albert $1,000 700 Barry $1,000 Colin $100 Average Income $700 400 700 600 Y 2,000 1.000 50 50 700 2,000 300 1,100 If income is shown in dollars, according to Rawis's maximin principle, society is less preferred to society than a. W; X Ob.Z; Y OC. W; Y Od.X; Z
Transcribed Image Text:Table: Maximin Principle 2 Society Albert $1,000 700 Barry $1,000 Colin $100 Average Income $700 400 700 600 Y 2,000 1.000 50 50 700 2,000 300 1,100 If income is shown in dollars, according to Rawis's maximin principle, society is less preferred to society than a. W; X Ob.Z; Y OC. W; Y Od.X; Z
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