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Author Question: Pareto optimality is the condition in which (Read 37 times)

ahriuashd

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on: Apr 19, 2019

Question 1

A condition in which no change is possible that will make some members of society better off without making some other members of society worse off is called


◦ Pareto optimality.
◦ partial equilibrium.
◦ general equilibrium.
◦ market failure.

Question 2

Pareto optimality is the condition in which


◦ the distribution of income is equal.
◦ no change is possible that will make some members of society better off without making at least one other member of society worse off.
◦ firms are forced to internalize the effects of all externalities.
◦ it is possible to make one person better off without making someone else worse off.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ahriuashd on Apr 19, 2019

gcook

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahriuashd

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
:D TYSM

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