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In terms of economics, if it is possible to make someone better - off without making someone worse - off, then the situation is 

In terms of economics, if it is possible to make someone better - off without making someone worse - off, then the situation is  Correct Answer Pareto - superior

The correct answer is Pareto-superior.

Key Points

  • Pareto efficiency or Pareto-superior in an economic state where resources cannot be reallocated to make one individual better off without making at least one individual worst off.
  • It is a major pillar of welfare economics.
  • It is named after an Italian economist and political scientist Vilfredo Pareto (1848-1923).
  • It is used as a benchmark to judge the efficiency of the real market.
  • Pure Pareto efficiency exists only in theory.

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