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    MicroEconomics, Theory and Applications 2
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    Exam 1: Economics Concepts
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    Which Criterion Refers to Economic Efficiency Which Can Be Objectively
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Which Criterion Refers to Economic Efficiency Which Can Be Objectively

Question 4

Question 4

Multiple Choice

Which criterion refers to economic efficiency which can be objectively measured


A) 'cardinalist' criterion
B) bentham's criterion
C) the pareto-optimality criterion
D) the kaldor-hicks 'compensation criterion'

Correct Answer:

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