Economics · Welfare Economics
An economic situation where it is impossible to make any one individual better off without making at least one individual worse off is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Potential Optimum
- 2Pareto Optimum✓
- 3Sub-optimal Equilibrium
- 4Nash Optimum
Correct answer
Pareto Optimum
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