Question
According to the cost-benefit principle, if a change generates $50,000 in gains and $45,000 in losses, A) it is a Pareto improvement. B) it is
According to the cost-benefit principle, if a change generates $50,000 in gains and $45,000 in losses,
A)
it is a Pareto improvement.
B)
it is desirable.
C)
the desirability depends on who gains and who loses.
D)
the gain is not large enough to justify the change.
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
