3 years ago

A situation is efficient if it is:

Social Studies

1 answer:

Kobotan [32]3 years ago

3 0

Answer:

a. not possible to find a transaction that will make at least one person better off without harming others.

Explanation:

A Pareto improvement refers to a situation in which a change in allocation of resources helps at least one person without damaging anyone. On the other hand, a Pareto efficient situation is one in which no more Pareto improvements can be made (or where it is not possible to find a transaction that will make at least one person better off without harming others).

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