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An efficient allocation of goods in an exchange economy means that:

nakungth

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An efficient allocation of goods in an exchange economy means that:

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.

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Microeconomics

Edition: 8^th

Author: Pindyck

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oracledarren

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nakungth Author

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Thank you, thank you, thank you!

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bioc

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This helped my grade so much Perfect

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