2120EconomicsMedium
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?
Aconsumer surplus both should receive a glove
Bequity Jamil should receive the glove
Cefficiency Saleem should receive the glove
DEfficiency Jamil should receive the glove
Correct answer
D. Efficiency Jamil should receive the glove
Explanation
The correct answer is Efficiency Jamil should receive the glove.