Which criterion refers to economic efficiency which can be objectively measured
A) 'cardinalist' criterion
B) bentham's criterion
C) the pareto-optimality criterion
D) the kaldor-hicks 'compensation criterion'
Correct Answer:
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Q5: Diversifiable risk can be eliminated by
A)investing in
Q6: Non diversifiable risk affects I. the opportunity
Q7: Several combination of commodities x and y
Q8: Who opined that economic growth meant bringing
Q9: Who argued that welfare is improved when
Q11: The sum of forgone interest and depreciation
Q12: The marginal conditions must be satisfied for
Q13: Points where the slopes of the isoquants
Q14: The set of all Pareto efficient allocations
Q15: A scientific paper titled "The Tragedy of
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