When an anticipated program or project involves positive net benefits it is:
A) Pareto satisfactory.
B) Pareto optimal.
C) a potential Pareto improvement.
D) of benefit to at least one individual, and hurts no one.
Correct Answer:
Verified
Q6: One of the characteristics of a public
Q7: The notion that individuals know what is
Q8: Expenses that are not directly borne by
Q9: Social costs refer to costs borne by:
A)
Q10: If investment in a public project makes
Q12: Which of the following is the best
Q13: Market failure refers to a situation where:
A)
Q14: At the socially efficient price-output level:
A) external
Q15: Market failure refers to:
A) an unequal division
Q16: If use by certain individuals does not
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