Multiple Choice
A competitive equilibrium is Pareto-optimal if there is no way to rearrange or to reallocate goods so that
A) anyone can be made better off.
B) no one can be made worse off.
C) someone can be made better off without making someone else worse off.
D) someone can be made better off without making everyone else worse off.
E) everyone is made better off.
Correct Answer:
Verified
Correct Answer:
Verified
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