A situation is efficient if it is:
A)possible to find a transaction that will make at least one person better off, even if others are made worse off.
B)possible to find a transaction that will make everyone better off.
C)possible to find a transaction that will make at least one person better off without harming others.
D)not possible to find a transaction that will make at least one person better off without harming others.

Question

Quizplus · Accepted Answer

A situation is efficient if no change is possible that will help some people without harming others.

A Situation Is Efficient If It Is