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Title: An efficient allocation of goods in an exchange economy means that: Post by: nakungth on Oct 25, 2017 An efficient allocation of goods in an exchange economy means that
A) goods were produced by the most efficient technology available. B) no one can be made better off without making somebody else worse off. C) those made worse off are not hurt as badly as the benefits resulting from those made better off. That is, there is a net positive gain. D) in a particular production process one gets the maximum output for a given input. Title: Re: An efficient allocation of goods in an exchange economy means that Post by: oracledarren on Oct 25, 2017 Content hidden
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