The table below is an illustration of Pareto efficiency criterion after the implementation of a state income policy in some selected Ministries .                                Before policy.          After policy Ministry A.          400                          800 Ministry B.          200                         200 Ministry C .         300                           300 Total.                  900                          1300 There is a trade-off between equity and efficiency in a perfectly competitive market system. Analyse with the aid of a diagram how efficiency will not be compromised in government’s welfare program

ENGR.ECONOMIC ANALYSIS
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The table below is an illustration of Pareto efficiency criterion after the implementation of a state income policy in some selected Ministries .       

                        Before policy.          After policy

Ministry A.          400                          800

Ministry B.          200                         200

Ministry C .         300                           300

Total.                  900                          1300

There is a trade-off between equity and efficiency in a perfectly competitive market system. Analyse with the aid of a diagram how efficiency will not be compromised in government’s welfare program

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