whats the whole idea of this paragraph specially allocative efficiency

Question

ALLOCATIVE EFFICIENCY
An economy is efficient if there is no way of reorganizing production and distribution to
improve everyone's satisfaction. Economists call such a state allocative efficiency_ When
people come to a market with goods they have produced, they trade their goods for those
of others. Every completed trade raises the satisfaction of both sides. When all of the
beneficial trades have been completed, no one can find another trade to improve his
situation. Under such conditions, the economy has attained allocative efficiency.

Comments

but whats the meaning of this sentence?

An economy is efficient if there is no way of reorganizing production and distribution to
improve everyone's satisfaction.

this seems odd to me!

thank you

Answer 1

Allocative efficiency بهره وری / کارایی توزیعی / تخصیصی / سهم-محور

برداشت کلی بنده از پاراگراف مذکور اینه که اقتصادی موفق است که در آن داد وستدها بر مبنای فرآیند برد-برد باشد و در آن همه ی طرف های ذیربط در معاملات سهمی از سود حاصله ببرند و به عبارت دیگه منفعت تجارت بین آنها توزیع شود و به همه قسمت یا حصه ای اختصاص یابد.

 

Comments

tnx, but whats the meaning of this sentence?

this seems odd to me!

thank you