An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?

Related Mcqs:

The law of demand states that an increases in the price of a good ?

A. None of these answers B. decreases the quantity supplied of that good C. decreases the quantity demanded for that good D. increases the quantity supplied of that good...

Assuming a downward sloping demand curve and upward sloping supply curve a higher equilibrium price may be caused by ?

A. An fall in demand B. An increase in supply C. improvements in production technology D. An increase in demand...

A monopoly may be self-perpetuating because profits may be used for ?

A. research B. cost-saving C. technical advance D. all of the above...

Except for taxes to offset ______ taxes are ______?

A. imperfect competition popular B. externalities , distortionary C. inequality , a first best option D. poor health, unnecessary...

The price mechanism does not act as a ?

A. Signal B. Incentive C. Rationing device D. Indicator of income...