Question: he table below summarises the potential net benefit for four individuals involved in four distinct projects. Which statement in relation to Pareto conditions is most
he table below summarises the potential net benefit for four individuals involved in four distinct projects. Which statement in relation to Pareto conditions is most correct?
Project A
Project B
Project C
Project D
Bob
Anna
David
Caroline
Both project A and project B are examples of potential Pareto improvement.
Project C is an example of strict Pareto improvement.
Both project A and project B are an example of strict Pareto improvement.
Only project B represents an example of potential Pareto improvement.
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