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mohammed1 mohammed1
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3 years ago
If a change is a Pareto improvement, then

▸ we also achieve Pareto efficiency.

▸ consumer surplus is maximized.

▸ it also passes the cost-benefit test.

▸ the distributional effect is likely to be regressive.
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Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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stereoheartsstereohearts
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3 years ago
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mohammed1 Author
wrote...

3 years ago
Just got PERFECT on my quiz
apelton
wrote...

Yesterday
Smart ... Thanks!
africa143
wrote...

2 hours ago
Good timing, thanks!
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