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S1: Someone supporting the principle of 'Equality of Opportunity would plead to eradicate poverty at all costs S2: Suppose the Social Welfare Function is W
S1: Someone supporting the principle of 'Equality of Opportunity would plead to eradicate poverty at all costs S2: Suppose the Social Welfare Function is W = Uy + 1.1Uz where each term refers to the utility of person Y and Z respective. A flat tax may be the most efficient form of income taxation. SELECT THE CORRECT ANSWER S2 is correct, 51 is incorrect Both S1 and 52 are incorrect Both S1 and 52 are correct S1 is correct, S2 is incorrect
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