Suppose Rita obtains 10 units of utility from the last dollar of income received by her, and Joseph obtains 6 units of utility from the last dollar of his income. Assume both Joseph and Rita has the same capacity to derive utility from income. Those who favor an equal distribution of income would:
A. Advocate redistributing income from Joseph to Rita
B. Advocate redistributing income from Rita to Joseph
C. Be content with this distribution of income between Rita and Joseph
D. Argue that any redistribution of income between them would increase total utility
A. Advocate redistributing income from Joseph to Rita
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Refer to the figure below. At a price of $2, the total expenditure on lattes each hour equals: 
A. $60. B. $80. C. $30. D. $40.
In a market system, ____ distributes goods among consumers in accord with their tastes and preferences, using voluntary exchange to determine who gets what.
A. a price system B. a regulatory framework C. a democratic government D. a closed system
Women bear a disproportionate burden in the agrarian system of Sub-Saharan Africa, Asia and Latin America. In addition their productivity is low. Explain these statements with specific examples from individual developing economies
What measures/policies have been implemented to deal with these two issues? Once again discuss with specific examples from individual developing economies.
An industry in which 5 firms each have a 10 percent market share and 50 firms each have a 1 percent market share will have a Herfindahl index equal to:
A. 1,100. B. 500. C. 550. D. 1,500.