Economics · Welfare Economics
The Pareto optimality criterion implies the fulfillment of all the following conditions except:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Income is distributed fairly and equitably among all individuals.✓
- 2Production techniques embody the most efficient technology.
- 3The economy is operating on its production possibility frontier.
- 4The marginal rate of transformation between any two goods is equal to the marginal rate of substitution between the same two goods.
Correct answer
Income is distributed fairly and equitably among all individuals.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Welfare Economics MCQs →Want more practice questions on Welfare Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Welfare Economics