Question: a b Aggregate income > Ois to be distributed among a set IL of individuals to maximize the utilitarian social welfare function cd(y i)where

a b Aggregate income > Ois to be distributed among a set

a b Aggregate income > Ois to be distributed among a set IL of individuals to maximize the utilitarian social welfare function cd(y i)where cd > Ofor all i e IL. Suppose that u Show that if p e (0, 1) then income must be distributed equally if and only if cd = W for all i, je IL. Now suppose that cd cdfor all i, j e IL. What happens in the limit as * 0? How about as 1? Interpret.

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3. It is the commitment you show that is the deciding factor.

4. It is the principle of equality (according to very specific criteria of equality) that is crucial.