What did jeremy bentham believed the goal of society should be?

Explain at least three factors economists consider the measurement of success, or shortcomings, of the economy? and give examples.

What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.

What does the point on the graph represent? a. aggregate supply and demand equilibrium b. aggregate supply c. aggregate rising prices and supply d. aggregate rise in gdp