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If allocation c is pareto efficient but allocation d is not

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Reference no: EM13299584

A policy may yield a Pareto superior outcome so long as the gains to those who benefit are greater than the losses to those who are worse off.

If allocation A is Pareto efficient, then there is no alternative allocation that is Pareto superior to A.

If allocation C is Pareto efficient but allocation D is not, then C must be Pareto superior to D.

Reference no: EM13299584

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