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A Change in Economic Output Is Potentially Efficient

Question 43

Multiple Choice

A change in economic output is potentially efficient


A) if the value of the resulting gains exceeds the value of the resulting losses.
B) if the value of the resulting gains exactly equals the value of the resulting losses.
C) only if no one is made worse off.
D) if the value of the resulting gains is less than the value of the resulting losses.

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