Movement from an Inefficient Allocation to an Efficient Allocation in the Edgeworth

question 25

Multiple Choice

Movement from an inefficient allocation to an efficient allocation in the Edgeworth Box will

• A) increase the utility of all individuals.
• B) increase the utility of at least one individual,but may decrease the level of utility of another person.
• C) increase the utility of one individual,but cannot decrease the utility of any individual.
• D) decrease the utility of all individuals.

---

Definitions:

Return On Investment

A financial metric used to evaluate the efficiency of an investment or compare the efficiency of several investments, measuring gain relative to cost.

Program's Effectiveness

A measure of how well a specific program achieves its goals and objectives.

Training Investments

Financial resources dedicated to the development and implementation of training programs or initiatives.

Categorizing Cost

The process of grouping costs into categories for better management and analysis, often used in budgeting and financial reporting.