The main point of the second theorem of welfare economics is that: A)

The main point of the second theorem of welfare economics is that:

A) efficiency is more important than equity.
B) efficiency may be achieved, but equity is not a feasible goal.
C) any attempt to achieve an equitable outcome must occur off the contract curve.
D) any equitable outcome can be achieved by reallocating the resources among the members of a society.

 

ANSWER

D

 

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