Question: A Pareto Efficient outcome is a.One that splits the maximum outcome between the two parties b.Determined by providing the largest share of the outcome to

A Pareto Efficient outcome is

a.One that splits the maximum outcome between the two parties

b.Determined by providing the largest share of the outcome to the party that created the most value

c.Represented by the formula: ((-)/)n

d.One that is focused on the economic value of the outcome

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