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Question 25

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Figure 15.2 Use the following to answer question: Figure 15.2 -(Figure 15.2) Suppose that Elaine has 6 pancakes and 5 bowls of cereal and Jerry has 2 pancakes and 5 bowls of cereal. Which of the following allocations would be a Pareto improvement? Elaine has _____ pancakes and _____ bowls of cereal, and Jerry has _____ pancakes and _____ bowls of cereal. A) 5; 6; 3; 4 B) 5; 5; 3; 5 C) 6; 6; 2; 4 D) 7; 5; 1; 5
-(Figure 15.2) Suppose that Elaine has 6 pancakes and 5 bowls of cereal and Jerry has 2 pancakes and 5 bowls of cereal. Which of the following allocations would be a Pareto improvement? Elaine has _____ pancakes and _____ bowls of cereal, and Jerry has _____ pancakes and _____ bowls of cereal.


A) 5; 6; 3; 4
B) 5; 5; 3; 5
C) 6; 6; 2; 4
D) 7; 5; 1; 5

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