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    Microeconomics Theory and Applications Study Set 2
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    Exam 6: Exchange, Efficiency, and Prices
  5. Question
    Economic Efficiency Is Sometimes Referred to as _____
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Economic Efficiency Is Sometimes Referred to as _____

Question 15

Question 15

Multiple Choice

Economic efficiency is sometimes referred to as _____.


A) social welfare
B) Pareto optimality
C) equity
D) relative efficiency

Correct Answer:

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