Economics (AS & A Level) · Oct / Nov 2023 · Paper 33 · Question 10

What is consistent with a movement towards Pareto optimality?

1. Awhen negative externality lowers the utility of an individual
2. Bwhen consumption of a good is non-rival
3. Cwhen reallocation of resources can make someone better off without making any other person worse off
4. Dwhen trade takes place to make one nation better off at the expense of its trading partner

As printed in the paper