which is not the assumption of Pareto optimality among the following?
a)All the factors of production are used in the production of every commodity.
b) Every consumer wishes to maximize his satisfaction.
c) The concept of utility is cardinal and cardinal utility function of every consumer given
d) Conditions of perfect Competition exist making all the factors of production perfectly mobile.
Answers
Answered by
1
Answer:
d).Condition of perfect competition exist making all the factors of production perfectly mobile
Similar questions