An existing allocation of goods is said to be Pareto efficient:
A)if the distribution is equitable.
B)as long as any redistribution is a positive-sum game.
C)as long as any redistribution makes at least one person better off and no one else is worse off.
D)if any redistribution cannot make someone better without leaving someone else worse off.

Question

Quizplus · Accepted Answer

Pareto efficiency is achieved when one individual cannot be made better off without making another individual worse off. Hence, option D is the correct answer.

An Existing Allocation of Goods Is Said to Be Pareto