推 chingi:Pareto optimum ~= efficiency 12/15 20:46
推 idnc:這好像是邏輯問題 12/15 23:36
i just got a little confused:
We always compare monopoly to perfect competition.
BUT ,According to Pareto's definition ,
if we can not improve consumers' welfare without hurting profits of a firm,
WHY we say a monopoly structure is INefficiency?
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