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Ao9 Ao9
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8 years ago
The second fundamental theorem of welfare economics states that
A) a Pareto optimum is always a competitive equilibrium.
B) a competitive equilibrium is always Pareto optimal.
C) under certain conditions, a Pareto optimum is a competitive equilibrium.
D) under certain conditions, a competitive equilibrium is Pareto optimal.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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8 years ago
Wow!!
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8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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