Pareto Efficiency by Earnie and Bert

[philipjterry]

Why is it called marginal benefit in economics and not 'price'.?

[philipjterry]

Do you have any more videos from Earnie and Bert?

[RedOutcast]

How do you define marginal cost and marginal benefit? I really don't know.

[EdwardBahaw]

The best answer is d!

[hassan18786]

good stuff! what would be your answer to this

Q:Pareto efficiency is a situation where

a) no one is made better off

b)trades that make some better off without harming others exist

c)trades have benefited some and harmed others

d)any further trades will harm someone

e)all trades have harmed someone

[riyaramkissoon]

@hassan18786 my answer would be D