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the concepts of Pareto superiority and efficiency typically offer limited help in formulating public policy. the money tree problem illustrates this. the essence of this

the concepts of Pareto superiority and efficiency typically offer limited help in formulating public policy. the money tree problem illustrates this. the essence of this problem is ----- Question 16 options: many PE A/Ds can be feasible people will not agree on how social welfare should be calculated it's impossible to make everyone as well off as they would like to be (everyone would like to be given all the money from the money tree) it's impossible to determine if an A/D is PE or not

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