Question: what do we mean by poreto efficiency A . the physical relation between resources ( captital and labor and health outcome ) b . a

what do we mean by poreto efficiency A. the physical relation between resources (captital and labor and health outcome) b. a state of allocation of resources in which is impossible to make anyone individual better off without making atleast one individual worst off C. a state of allocation of resources in which no reorganization of production or consumption can make on individual better off without making someone worst off d. the degree of deficiency maintained by firms under conditioins of imperfect competition

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!