Examlex
India has regularly diverted a large proportion of the Ganga River flow in order to serve the needs of what large city?
Utility Function
A mathematical representation of how different combinations of goods or services provide levels of satisfaction or utility to an individual.
Initial Endowment
The initial allocation or distribution of resources, goods, or wealth among individuals or entities at the start of an economic experiment or model.
Apples
A type of fruit commonly consumed fresh, cooked, or as juice, recognized for its sweet or tart flavor.
Pareto Optimal Allocation
A condition of resource distribution in which no one person can be made better off without causing detriment to at least another person.
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