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Argue for or against the following statement if we can

If various assumptions are met, market competition results in Pareto optimality. What are the advantages of an economy being in a Pareto optimal state? What shortcomings there to the concept? Argue for or against the following statement: "If we can improve the health of a wealthy person while keeping a poor person's health the same, we should do so."

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Business Economics: Argue for or against the following statement if we can

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