Question: lease answer MWG 3.I.6. Include with your answer to MWG 3.I.6. a response to the following: Economists frequently evaluate policy changes based on the sum
lease answer MWG 3.I.6. Include with your answer to MWG 3.I.6. a response to the following: Economists frequently evaluate policy changes based on the sum of compensating (or equivalent) variations. In particular, they consider a policy good for society as a whole if and only if the sum of CV over all consumers is positive. Explain why this is a good indicator of whether a policy is good for society. Also, provide one or two reasons why this measure may not be a good indicator
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