If more output could be produced with the same amount of inputs,
A) it is possible to make some people better off without making others worse off.
B) it is not possible to make some people better off without making others worse off.
C) no one can be made better off, but some will be made worse off.
D) everyone must be made better off.

Question

Quizplus · Accepted Answer

This scenario describes a situation where efficiency can be improved, meaning resources are not being used to their fullest potential. By increasing output with the same inputs, it's possible to distribute the additional output in a way that benefits some people without harming others, reflecting the concept of Pareto improvement.

If More Output Could Be Produced with the Same Amount