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    Intermediate Microeconomics Study Set 1
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    Exam 32: Welfare-Part A
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    If Allocation X Is Pareto Optimal and Allocation Y Is
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If Allocation X Is Pareto Optimal and Allocation Y Is

Question 3

Question 3

True/False

If allocation x is Pareto optimal and allocation y is not, then everyone is at least as well off with x as with y, and someone is better off with x than with y.

Correct Answer:

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