X hits on this document

83 views

0 shares

0 downloads

0 comments

10 / 24

© 2009 Pearson Education, Inc. Publishing as Prentice Hall   Principles of Economics 9e by Case, Fair and Oster

Allocative Efficiency and Competitive Equilibrium

Pareto Efficiency

Pareto efficiency or Pareto optimality  A

condition in which no change is possible that will make some members of society better off without making some other members of society worse off.

Document info
Document views83
Page views83
Page last viewedTue Jan 17 15:37:20 UTC 2017
Pages24
Paragraphs155
Words1868

Comments