Which of the following is true of the points along the welfare frontier?
A)Every point along the frontier is efficient.
B)Every point along the welfare frontier shows a suboptimal allocation of resources.
C)Movements along the frontier makes one person better off without harming anyone.
D)The amount of resources available is different at different points on the welfare frontier.

Question

Quizplus · Accepted Answer

The welfare frontier represents the maximum possible allocation of resources between two individuals without making one worse off. Therefore, every point along the frontier is efficient as it represents the best possible outcome given the available resources and individual preferences.

Which of the Following Is True of the Points Along