Re: ISI 2017 key
Posted by Akshay Pamnani on May 20, 2017; 4:02am
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7604478.html
That is not the only Pareto Efficient outcome,how will you move them from (60,40) to (55,45).
Gaurav would not like that,would he?
So you would be making one person better off and the other one worse off necessarily,hence Pareto efficiency.