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    Exam 15: Economic Efficiency and the Competitive Ideal
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    If All Opportunities for Pareto Improvements Have Been Exhausted
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If All Opportunities for Pareto Improvements Have Been Exhausted

Question 19

Question 19

Multiple Choice

If all opportunities for Pareto improvements have been exhausted,


A) economic efficiency has been achieved
B) the allocation of goods and services is fair
C) perfect competition has been achieved
D) the economy is in disequilibrium
E) economic inefficiency has been achieved

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