A Pareto improvement
A)cannot take place unless a side payment is made
B)cannot take place unless a market is perfectly competitive
C)cannot occur unless both parties to a transaction enjoy positive net benefits
D)will increase the total net benefits available in a perfectly competitive market
E)occurs whenever the sum of market consumer surplus and market producer surplus is positive

Question

Quizplus · Accepted Answer

The Answer of A Pareto improvement
A)cannot take place unless a side payment is made
B)cannot take place unless a market is perfectly competitive
C)cannot occur unless both parties to a transaction enjoy positive net benefits
D)will increase the total net benefits available in a perfectly competitive market
E)occurs whenever the sum of market consumer surplus and market producer surplus is positive

A Pareto Improvement