GEN. EQ.

[maahi]

IN D BOOK IT IS WRITTEN THAT ALL COMPETITIVE EQUILIBRIUM ARE PARETO EFFICIENT BUT HERE ON D FORUM SOMEBODY POSTED CASES WHERE COMPETITIVE EQM. CAN'T BE PARETO EFFICIENT . HOW THAT CAN BE ??

[duck]

Hi Maahi.. :)

It happens only when utility is increasing.

[maahi]

ya thanks i was just reading more on it and i just got d ans .

[Ank]

from where r u preparing dis topic???