thank u for attempting to answer my question.

Question 3: 1. Look at the following feasible frontier that allows society to decide on an optimal allocation between rich and poor. Minimum feasible income of the poor Maximum average income Slape- Maximum feasible income of the rich Feasible frontier (Slope MRT) Rawis ideal Feasibles Income of rich Rich and poor qual long this line Income of both classes with complete quality Maximum basible income of the poor Income of poor Decide whether the following statements are true or false and provide a justification for why they are either true or false. a) E, the point of maximum equality, is Pareto efficient. [3] b) For the inequality-averse citizen shown, any point between R and F on the frontier is preferable to any point inside the frontier. [3] c) If you had a 50-50 chance of being rich or poor, then your expected income is maximized at point B. [3] d) Between D and F, lower income for the poor leads also to lower income for the rich. [3]