The argument that society should be in favor of changes that benefit some people without making others worse off is known as

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The argument that society should be in favor of changes that benefit some people without making others worse off is known as the Pareto Principle, which states that a change is desirable if it can make at least one person better off without making anyone else worse off. Choice A refers to a situation where an activity benefits a third party without any compensation, Choice B refers to the idea that private parties can efficiently resolve externalities, and Choice C refers to weighing the costs and benefits of a decision.

The Argument That Society Should Be in Favor of Changes