word
Pareto efficiency
puh-RAY-toh ih-FISH-un-see
/pəˌreɪtoʊ ɪˈfɪʃənsi/Listen
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Syllable breakdown
Paretoefficiency
Dictionary meaning
An economic state where resources are allocated so no one can be made better off without making someone else worse off.
Common mispronunciations
pah-REH-tohPAIR-eh-toh
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