Eldin is a house painter. He can paint three houses per week. He is considering hiring his friend Murphy. Murphy can paint five houses per week. What is the maximum total output possible if Eldin hires Murphy?

If the Gini coefficient for Cartland is 1, it means that income distribution is perfectly equal in this society

Indicate whether the statement is true or false

Explain how firms that each produce as efficiently as they can may not be equally productive

What will be an ideal response?