Vilfredo Pareto who is an Italian Economist betwn 1848-1923 used d - TopicsExpress

Vilfredo Pareto who is an Italian Economist betwn 1848-1923 used d concept of eficiency & optimality 2 ilustrat d alocation of resources & distribution of incom 2 depict how welfarism is very paramount 2 human endevour..He said d@ u canot beta off an ndividuals welfar witout worsen off anoda indivividuals welfare as wel,& d state wher (2) ndividuals ar made beta off witout worsen off odas is cald Pareto improvment...

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