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Theory of Economic Welfare.  (a) Efficiency in production  (b) Efficiency in consumption 

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Theory of Economic Welfare. 

(a) Efficiency in production 

(b) Efficiency in consumption 

(c) Overall economic efficiency 

(d) Efficiency in social activities 

Options : 

(1) c and d 

(2) a, b and d 

(3) a, b and c 

(4) b, c and d

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1 Answer

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by (34.7k points)

Correct option: (3) a, b and c

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