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A Pareto Improvement Is

Question 36

Multiple Choice

A Pareto improvement is


A) an action in which the gains to the gainers outweigh the losses to the losers
B) any action that does not harm a third party
C) an action that makes at least one person better off,and no one worse off
D) any action that involves a side payment to a third party
E) the typical outcome of government action

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