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6.Christine Dobbs is watching a public affairs television program on which one of the participants makes the following statements:
Statement 1: A common resource is an obstacle to the efficient allocation of resources unless it generates external benefits.
Statement 2: The idea of utilitarianism suggests that market allocation of resources does not maximize the value of an economy to all individuals. However, achieving the results that utilitarianism regards as optimal involves a loss of economic output.
Should Dobbs agree or disagree with these statements?
Statement 1 Statement 2
A) Disagree Agree
B) Agree Agree
C) Agree Disagree
D) Disagree Disagree |
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