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Llanis Llanis
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6 years ago
A competitive equilibrium is Pareto efficient because at the competitive equilibrium
A) prices have been allowed to adjust.
B) there are no further gains from trade.
C) the final outcome is different from the original inefficient endowment.
D) all members of society can be made better off.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Llanis Author
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