Eric enjoys making pizza. when he makes pizza for his friends, sometimes eric cares about how the pieces are distributed, and sometimes he doesn’t. which of eric’s actions are associated with equity, and which of his actions are associated with efficiency?
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According to me,Eric. is maķing pizza for his. friends,This this is not a business activity.Business is an activity that we do in exchange of money.But holding parties and distributing food for free is not business. Catering at a party in exchange of money is a business activity.
As in equity you need to invest money,and you expect revenue in return but here Eric has invested money for purchasing ingredients for pizza but for no money in return.Thus this activity is also not equity
As in equity you need to invest money,and you expect revenue in return but here Eric has invested money for purchasing ingredients for pizza but for no money in return.Thus this activity is also not equity
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let me try to help you on this;
Equity is an act of trying to treat every member of the society equally with minimal reasons to discrimination and favoring out others in the society, in this case Eric caring about how pieces are distributed shows how caring he seems to be,
Eric associates with efficiency when he about enjoying making pizza.
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