explanation and justify the condition of pareto optimality and verify the defination of contrect curve.
statment;
reallocation of the resources from 1 efficient point to another efficient point that cause the production of x increase and production of y decrease hold the condition of contrect curve.
statment;
reallocation of the resources of the resources that cause the production of x increase and production of y decreased to 1 efficient point to anotther efficient point also defined the contrect curve.

Posted Date: 9/19/2012 6:42:26 AM | Location : United States

Ask an Expert

Related Discussions:- pareto graphs, Assignment Help, Ask Question on pareto graphs, Get Answer, Expert's Help, pareto graphs Discussions

Write discussion on pareto graphs
Your posts are moderated

Write your message here..

Related Questions

Informal regulations on pollution, Normal 0 false false fal... Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Cable tax to the satellite tax, According to estimates by Goolsbee and Petr... According to estimates by Goolsbee and Petrin (2004), the elasticity of demand for basic cable service is ?0.51, and the elasticity of demand for direct broadcast satellites is ?7.

Importance of elasticities of demand and supply, QUESTION 1: Assuming t... QUESTION 1: Assuming that you are a consultant on the ‘Light Rail' project and you are asked to forecast demand for this mode of transport. What are the forecasting techniq

Classification of externality, Normal 0 false false false ... Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Budget, what is the difference between budget deficit and fiscal deficit what is the difference between budget deficit and fiscal deficit

What can we do then while aiming at the public policy, Q. What can we do th... Q. What can we do then while aiming at the public policy? From the above, one task emerges immediately, that is of quantifying all economic and non economic effects of a certa

Political trans-national activity, Q. Political Trans-national Activity? ... Q. Political Trans-national Activity? The dynamics resulting from the institutional interdependencies are of major importance for an understanding of the process of political t

Difference between a news conference and a news release, Question: (a) ... Question: (a) What is the difference between a News Conference and a News Release? (b) An Organising Committee has been set up to celebrate the Chinese Spring Festival on S

Examine the reasons for a country to engage in free trade, Problem 1: i... Problem 1: i) According to you the Central Electricity Board in Mauritius operates in which type of market structure? Justify your answer. ii) Compare and contrast a perfe

Health and safety control systems, The report which you should submit to me... The report which you should submit to me should include: A brief analysis of the control systems required for the health and safety of operatives and others who may be affect