(Figure: Crumpets and Tea I) Which of the following allocations represents a Pareto improvement from point A? I. Lucia consumes 3 cups of tea and 3 crumpets, and Mateo consumes 3 cups of tea and 4 crumpets.
II) Lucia consumes 3 cups of tea and 4 crumpets, and Mateo consumes 3 cups of tea and 3 crumpets.
III) Lucia consumes 2 cups of tea and 4 crumpets, and Mateo consumes 4 cups of tea and 3 crumpets.

Question

(Figure: Crumpets and Tea I) Which of the following allocations represents a Pareto improvement from point A?  I. Lucia consumes 3 cups of tea and 3 crumpets, and Mateo consumes 3 cups of tea and 4 crumpets.
II) Lucia consumes 3 cups of tea and 4 crumpets, and Mateo consumes 3 cups of tea and 3 crumpets.
III) Lucia consumes 2 cups of tea and 4 crumpets, and Mateo consumes 4 cups of tea and 3 crumpets.

Quizplus · Accepted Answer

The Answer of (Figure: Crumpets and Tea I) Which of the following allocations represents a Pareto improvement from point A?  I. Lucia consumes 3 cups of tea and 3 crumpets, and Mateo consumes 3 cups of tea and 4 crumpets.
II) Lucia consumes 3 cups of tea and 4 crumpets, and Mateo consumes 3 cups of tea and 3 crumpets.
III) Lucia consumes 2 cups of tea and 4 crumpets, and Mateo consumes 4 cups of tea and 3 crumpets.

(Figure: Crumpets and Tea I) Which of the Following Allocations