An Economic Situation Is Pareto Optimal Only If There Is

question 37

True/False

An economic situation is Pareto optimal only if there is no way to make someone better off.

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Definitions:

Ambi-

A prefix meaning both or on both sides.

Android

A humanoid robot designed to resemble a human, often with artificial intelligence, or pertaining to an operating system developed by Google for mobile devices.

-Oid

A suffix used in medical and biological terms indicating resemblance or similarity to something, without being the same as it.

Dehydrate

To remove water or moisture from something, or the loss of water from the body.