Assume some gain and some lose as the result of a change. If we can demonstrate the value of the gains are less than the value of the losses, then we say the change is

A) potentially efficient.
B) inefficient.
C) unequivocally Pareto optimal.
D) technically efficient.

Potentially Efficient

A situation or system that has the capacity to achieve efficiency but has not yet achieved it.

Unequivocally Pareto Optimal

A situation where an allocation cannot be adjusted to make one individual better off without making someone else worse off, signifying an optimal allocation of resources.