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Economics
MEDIUM
ENGLISH
Economics
Jamil has ten pairs of football boots and saleem has none. A pair of football boots cost Rs50. to produce. If jamil values an additional pair of boots at RS100 and saleem values a pair of boots at Rs40, then the maxime ?
A
efficiency Saleem should receive the glove
Option A
Efficiency Jamil should receive the glove
Correct answer
C
equity Jamil should receive the glove
Option C
D
consumer surplus both should receive a glove
Option D
Correct answer: B
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