英语词汇“first fundamental welfare theorem”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	first fundamental welfare theorem
释义	First Fundamental Welfare Theorem First Fundamental Welfare Theorem The theory that a market equilibrium (that is, when the number of buyers equals the number of sellers) is always Pareto efficient. That is, in market equilibrium, no other allocation of resources can improve the lot of one economic actor without hurting the lot of another economic actor. The first fundamental welfare theorem states that the free market tends to assign resources in the most efficient way possible.
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First Fundamental Welfare Theorem