Question: =+e. Recall that we defined a situation as efficient if there is no way to change the situation and make someone better off without making
=+e. Recall that we defined a situation as “efficient” if there is no way to change the situation and make someone better off without making someone else worse off. In general (that is, not just within the context of the example in this exercise), is it possible to have two efficient outcomes where some individuals prefer the first outcome while others prefer the second?
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