Understand pareto efficiency

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Suppose there are 3 people who can consume apples and oranges. There is a total endowment of 20 apples and 10 oranges. Individuals A and B get no oranges nor apples and C gets all of them. Is this allocation necessarily Pareto Efficient? Why or why not? (you have to understand Pareto efficiency)

Reference no: EM131166573

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Understand pareto efficiency : Suppose there are 3 people who can consume apples and oranges. There is a total endowment of 20 apples and 10 oranges. Individuals A and B get no oranges nor apples and C gets all of them. Is this allocation necessarily Pareto Efficient? Why or why n..

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