कल्याणकारी अर्थशास्त्र का पहला मूलभूत प्रमेय (First Fundamental Theorem) यह बताता है कि प्रत्येक प्रतिस्पर्धी संतुलन होता है:

Which of the following statements are true in relation to the second fundamental theorem of welfare economics? a) Agents have concave preferences. b) Problems of efficiency and distribution can be separated. c) Agents have convex preferences. d) Problems of efficiency and distribution cannot be separated.

Which of the following is NOT an assumption of Pareto Optimality?