An outcome is Pareto efficient if – McqOptions

MCQOPTIONS

1.	An outcome is Pareto efficient if
A.	no person can be made better off without making someone worse off
B.	everybody can be made better off
C.	at least one person can be made better off
D.	every person maximizes payoff given the payoff of others.
Answer» B. everybody can be made better off

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