Multiple Choice
A situation in which it is impossible to make anyone better-off without making someone worse-off is said to be
A) bentham Optimal
B) Pareto-optimal
C) Hicks Optimal
D) Bergson Optimal
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Growth of GNP as A Criterion of
Q11: If a brother and sister return home
Q12: The necessary condition for allocative efficiency is
Q13: Bergson's name is associated with<br>A)Social welfare function<br>B)Pareto
Q14: A famous welfare economics book called, "Economics
Q16: Which among the following is NOT a
Q17: In Pareto welfare economics, Efficiency of distribution
Q18: In Pareto welfare economics, Efficiency of the
Q19: Welfare is improved when 'the greatest good
Q20: According to AC Pigou, any reorganization of