If investment in a public project makes at least one individual better off and no one worse off, the result is called:

Question

Quizplus · Accepted Answer

Pareto satisfactory refers to a condition where at least one individual benefits from an action without causing harm to others. Therefore, investment in a public project that makes at least one person better off and no one worse off would be considered Pareto satisfactory. Pareto optimal refers to a situation where no one can be made better off without making someone else worse off, and a potential Pareto improvement implies the possibility of making some individuals better off without harming others. However, neither of these concepts accurately describes the scenario described in the question. Therefore, the best answer is A.

If Investment in a Public Project Makes at Least One