If all Pareto improvements have been made,

utsavc1606

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If all Pareto improvements have been made,

If all Pareto improvements have been made,

▸ the result is increased government regulations.

▸ the outcome is Pareto efficient.

▸ consumer surplus is maximized.

▸ monopolists are unhappy.

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Managerial Economics and Strategy

Edition: 3^rd

Authors: Perloff, Brander

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