The phrase "I lived at West Egg..." reveals the narrator's awareness of social judgments and their central role in the novel, option B, as seen below.
In the novel "The Great Gatsby," the narrator mentions East and West Eggs, which are used to refer to real places in Long Island. Both Eggs are wealthy areas where millionaires live. However, West Egg is less fashionable in the sense that it is where the new money lives, whereas East Egg is where old money lives.
By using the phrase, "I lived at West Egg, the—well, the less fashionable of the two," the narrator reveals his awareness of social judgments and their central role in the novel. He knows well that, even though his very neighbor, Gatsby, is a millionaire, there is a difference between him and those who live in East Egg. Gatsby's money is less respected.
With the information above in mind, we can choose option B as the correct answer.
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