A Pareto optimal allocation of resources implies that:
A) only one person can be made better off through trade.
B) no person can be made better off through trade.
C) no person can be made better off through trade,without harming another person.
D) through any feasible change in resource allocation,it is possible to make someone better off without leaving someone else worse off.
Correct Answer:
Verified
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Q7: Partial equilibrium analysis is the study of:
A)how
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Q9: Which of the following can be considered
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Q11: Which of the following assumptions are made
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