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    Exam 10: General Equilibrium and Economic Welfare
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    For Most Commonly Used Social Welfare Functions,an Efficient Allocation Is
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For Most Commonly Used Social Welfare Functions,an Efficient Allocation Is

Question 28

Question 28

Multiple Choice

For most commonly used social welfare functions,an efficient allocation is


A) always preferred over any inefficient allocation.
B) not possible.
C) usually preferred.
D) never preferred.

Correct Answer:

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