Question

​________ occurs when economic benefits are distributed fairly. A. Equity B. Allocative efficiency C. Equality D. Productive efficiency

Answer 1

Answer: (A) Equity

Explanation:

  The equity is the term which refers to the concept of fairness in the economics concept as they providing the various types of economic benefits regarding the taxation and also the welfare of the economics.

The equity is basically relating to the fairness in terms of opportunity, various types of services and income and that are distributed between the various types of groups in the society.

 In an organization, the equity is one of the type of investor that share all the investing shares of the company and then it distributed fairy.

 Therefore, Option (A) is correct answer.