An allocation of resources is inefficient if,through some feasible change in the allocation of resources:
A)it is impossible to make someone better off without making someone else worse off.
B)it is impossible to make everyone better off.
C)it is possible to make someone better off without leaving someone else worse off.
D)it is possible to make everyone better off,provided the resources are distributed equally.

Question

Quizplus · Accepted Answer

An allocation of resources is inefficient if it is possible to make someone better off without leaving someone else worse off. This means that there is some room for improvement in the allocation of resources, and it is not currently at its most efficient point.

An Allocation of Resources Is Inefficient If,through Some Feasible Change